Solved by verified expert :1) All of the following persons are insureds for
personal liability insurance under the homeowners policy EXCEPT
A) children of the named insured
under age 24 who are attending college full time and temporarily residing
elsewhere.
B) foster children under the age
of 21 who reside with the named insured.
C) nonresident employees of the
named insured.
D) the spouse of the named
insured if a resident of the same household.
2) Persons insured for personal liability
coverage under the homeowners policy include which of the following?
I.
Relatives while visiting the named insured
II.
Overnight guests who are not relatives of the named insured
A) I only
B) II only
C) both I and II
D) neither I nor II
3) All of the following statements about the
personal liability coverage (Coverage E) of the homeowners policy are true
EXCEPT
A) Coverage is written on an
occurrence basis.
B) Coverage is provided for
bodily injury liability.
C) Coverage is provided for
property damage liability.
D) The minimum amount of coverage
is $25,000.
4) Which of the following statements about the
insurer’s obligation to provide a legal defense under the personal liability
coverage (Coverage E) of the homeowners policy is (are) true?
I.
The insurer agrees to defend the insured only if the suit is not
groundless,
false, or fraudulent.
II.
The insurer’s obligation to defend the insured ceases after the amount
paid
for damages from an occurrence equals the policy limit.
A) I only
B) II only
C) both I and II
D) neither I nor II
5) Which of the following statements about the
coverage for medical payments to others (Coverage F) under the homeowners
policy is true?
A) Medical payments may be made
to any resident of the named insured’s household other than the named insured.
B) Medical expenses incurred or
medically ascertainable within three years of an accident are covered.
C) Medical payments are made only
if the insured is not legally liable.
D) Covered medical expenses are
limited to emergency room charges.
13) For which of the following situations would there
be personal liability coverage under the homeowners policy?
I.
The named insured accidentally injures her husband with a chain saw.
II.
The named insured breaks his wife’s valuable vase while practicing his
golf swing.
A) I only
B) II only
C) both I and II
D) neither I nor II
14) All of the following are exclusions in the
homeowners policy that apply to medical payments to others (Coverage F)
EXCEPT
A) bodily injury resulting from
nuclear radiation.
B) bodily injury to persons who
are social guests at the insured location.
C) bodily injury to persons
eligible to receive workers compensation benefits.
D) bodily injury to residents of
the household who are in the care of an insured.
15) Which of the following statements about the
additional coverages included in Section II of the homeowners policy is true?
A) Damage to property of others
is covered only if the insured is legally liable.
B) Damage to property owned by
the insured is an additional coverage.
C) Interest that accrues on a
judgment after the judgment is awarded but before payment is made is covered
under claims expenses.
D) First aid expenses incurred by
the insured for bodily injury covered under the policy are not covered.
16) Which of the following statements about the
additional coverage for damage to property of others in Section II of the
homeowners policy is true?
A) The maximum amount of coverage
is $25,000 per occurrence.
B) Payments are made on the basis
of the replacement cost of the damaged property.
C) There is coverage for property
damage arising out of a business engaged in on a full-time basis by an
insured.
D) There is coverage for
intentional acts by any insured who is a teenager.
17) Liability arising out of all of the following
are covered under the personal injury endorsement to the homeowners policy
EXCEPT
A) bodily injury.
B) malicious prosecution.
C) slander.
D) invasion of privacy.
