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WorksheetsHomeowners Policy Quiz
Total questions: 20
Worksheet time: 10mins
Which endorsement provides coverage for a home day care business?
Earthquake
Scheduled Personal Property
Home Day Care
Home Business Endorsement
What is the daily limit for loss of earnings covered under Claim Expenses?
$150
$100
$250
$200
Which exclusion applies only to Coverage E (Personal Liability)?
Liability for bodily injury to anyone eligible for workers' compensation
Bodily injury due to nuclear reaction
Property damage to property owned by the insured
Bodily injury to a residence employee off premises
Which of the following is a reason for policy cancellation after 60 days?
Non-payment of premium
Insurer's discretion
Change in insurer's policy
Insured's request
Which of the following is NOT an exclusion that applies to both Coverage E and F?
Property damage from a nuclear reaction
Bodily injury from warlike acts
Bodily injury from a communicable disease
Property damage from business pursuits
Which endorsement changes the loss valuation for personal property to replacement cost?
Home Business Endorsement
Permitted Incidental Occupancies
Personal Property Replacement Cost
Scheduled Personal Property
Which of the following is covered under First Aid Expenses?
First aid expenses for the insured
First aid expenses for others
First aid expenses for pets
First aid expenses for property
What is the default percentage of Coverage A provided for other structures under Coverage B?
5%
10%
15%
20%
Which endorsement overrides exclusions related to business activities on the residence premises?
Earthquake
Permitted Incidental Occupancies
Scheduled Personal Property
Home Day Care
What is the required notice period for policy cancellation due to non-payment of premium?
5 days
10 days
15 days
30 days
What is the horsepower limit for an outboard motor under the watercraft exclusion?
50 horsepower
35 horsepower
25 horsepower
15 horsepower
What is the coverage limit for newly acquired fine arts under Scheduled Personal Property?
30 days
60 days
90 days
120 days
Which endorsement provides coverage for business activities conducted from home?
Scheduled Personal Property
Home Day Care
Home Business Endorsement
Earthquake
Which of the following is NOT covered under the Home Business Endorsement?
Property damage
Nuclear energy liability
Bodily injury
Premises operations
Which of the following is NOT covered under 'Damage to Property of Others'?
Property borrowed by the insured
Property in the care of the insured
Property rented by the insured
Property owned by the insured
What is the notice period required for policy cancellation due to a material misstatement?
10 days
20 days
30 days
40 days
What is the maximum amount paid for loss assessment under the additional coverages?
$500
$1,000
$1,500
$2,000
Which of the following is an exclusion that applies to both Coverage E and Coverage F?
Liability assumed under a contract
Property damage to property owned by the insured
Bodily injury to a residence employee
Bodily injury from a communicable disease
Which of the following is NOT a condition under the Homeowners Conditions?
Insured must notify police if a law is broken
Insurer can elect not to renew with 30 days' notice
Insurer can cancel policy anytime without notice
Policy voided for fraud
Which of the following is NOT a type of loss valuation under Scheduled Personal Property?
Repair or replacement cost
Actual cash value
Depreciated value
Market value
