NEVADA P&C PROPERTY AND
CASUALTY EXAM NEWEST ACTUAL
EXAM 2025 QUESTIONS AND DETAILED
CORRECT ANSWERS | ALREADY
GRADED A+
Franks steaks furnishes meat to steakhouses. An accident
on the premises cause the building to lose refrigeration for
32 hours. The state inspectors will not allow the meat in
the refrigerating units to be sold for human consumption
and Frank loses $18,500 in disposing of the meat. What
coverage under Frank's BOP policy will cover the loss?
A. Utility service - time element
B. extra expense
C. protective safeguards
D. utility service - direct image Correct Answer D
Johanna purchased the national flood insurance policy 10
days after community entered an emergency program.
When would her coverage be effective
A. Five days after the application and premium payment
are mailed
B. 12:01 AM the day after the application and premium
payment are mailed
C. 30 days after the application has been accepted
D. 12:01 PM the day after the endorsement request has
been mailed Correct Answer B
,A policy condition that states if the policy is broadened
with no additional premium then the expanded coverage
will be automatically apply to all policies of the same type
is known as
A. Maximum indemnity clause
B. The loss control clause
C. Limit of insurance clause
D. Liberalization clause Correct Answer D
A sworn written statement that must be furnished by the
insured to the insurer before any loss under a policy can
be paid is called
A. Binder
B. Proof of loss
C. Notice of claim
D. Claim report Correct Answer B
If the actual values exceed the limit of insurance the
business owners policy contains a seasonal increase
provision that automatically increases the limit of
insurance for business personal property by
A. 10%
B. 25%
C. 30%
D. 50% Correct Answer B
In the event of a loss covered by the policy if the insured
request a signed sworn proof of loss the named insured is
required to submit within
A. One year
B. Five business days
,C. 30 days
D. Specified time Correct Answer D
An insured is driving her car through a residential area
when she loses control and crashes into a neighbors front
porch. The neighbor, who was sitting on the porch, is
injured. The insurance liability policy has a limit of
$500,000. This amount applies to the total of damages for
any bodily injury and property damage resulting from one
accident which type of limit of liability does the insured
have?
A. Aggregate
B. Per occurrence
C. Combined single
D. Split Correct Answer C
Which of the following is considered a work related
injury/compensational disease under Worker's
Compensation law?
A. Mike works for Ace construction company. He is
walking through the job site without a hardhat and struck
on the head by a falling brick
B. Tom works as a painter in an auto body shop. The
chemicals from the paint aggravate tom's asthma to the
point that he must be hospitalized for several days
C. Greg is injured in a car accident while driving to work at
12:45 in the morning
D. Mary falls down a flight of stairs at her office building at
the hospital it was discovered that she is intoxicated
Correct Answer B
, A used car dealer takes a car in trade as partial payment
for a car on its lot. The customer promises to bring in the
cars title but does not. Another customer takes the trade in
for a test drive and has an accident. In regard to the
dealerships business auto physical damage coverage
which of the following is true?
A. Full coverage is provided
B. Damage to the trade-in is covered
C. There is no coverage
D. Liability coverage is provided Correct Answer C
If an insured has an umbrella liability policy in addition to
his personal auto policy which would be considered the
underlying policy?
A. General liability policy
B. Auto policy
C. umbrella policy
D. Excess policy Correct Answer B
In forming an insurance contract when does except Ince
usually occur
A. When an insurer delivers the policy
B. when an insurer receives an application
C. when an insurer submits an application
D. when insurers underwriting approved coverage Correct
Answer D
An insured's building has an actual cash value of
$200,000 and he has insured the property for $120,000
with an 80% coinsurance clause. A $40,000 loss occurs.
How much were the policy pay?
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