Guarantee ExamFX, Idaho Personal Lines Simulation Exam
Guarantee ExamFX, Idaho
Personal Lines Simulation
Exam
, Guarantee ExamFX, Idaho Personal Lines Simulation Exam
1. In the last 72 hours, there were 3 instances of volcanic eruptions that
damaged a property covered by a dwelling policy. How many deductibles
will the insured have to pay before the policy covers the damages caused by
the
eruptions?
1. Zero
2. One
3. Two
4. Three: one
2. In a personal auto policy (PAP), a covered auto includes all of the
following
EXCEPT
1. A trailer owned by the insured.
2. A farm implement being towed behind the insured's pickup.
, Guarantee ExamFX, Idaho Personal Lines Simulation Exam
3. A nonowned temporary substitute vehicle.
4. A van used in the delivery business.: A van used in the delivery business.
3. Which of the following would NOT be covered as a loss under Coverage D
of a homeowners policy?
1. An insured has an apartment in his home. The tenant's negligence
started a fire, and the apartment was not fit to live in for 4 months while
repairs were being completed.
2. After a fire in a building next to the insured's home, the insured could
not occupy his home, and had to stay at a motel for one week.
3. An insured's home is damaged by fire. The insured incurs expenses for
living in a motel and having meals in a restaurant while repairs are made.
4. An insured leased a dwelling for 5 years. Two years later, the property
owner died, and the new property owners wanted to make the property their
principal residence, so the lease was canceled.: An insured leased a dwelling
for 5 years. Two years later, the property owner died, and the new property
, Guarantee ExamFX, Idaho Personal Lines Simulation Exam
owners wanted to make the property their principal residence, so the lease was
canceled.
4. An insurance policy form that lists specific covered perils provides
1. Special peril coverage.
2. Blanket coverage.
3. Named peril coverage.
4. Open peril coverage.: Named peril coverage.
5. An insured is injured while driving his own car. Which of the following
coverages will pay for the loss?
1. Part A-Liability
2. Part B - Medical Payments
3. Part C - Uninsured Motorist
4. Part D-Damage to Your Auto: Part B - Medical Payments
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller QUALITYGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
