P&C

What is the maximum service charge a general lines agent may charge per year for a financial insurance premiums on policies issued by the agent

$36 maximum per year. $3 per installment x 12 months = $36

How much coverage is provided under a homeowners policy for theft or unauthorized use of a credit card

$500

CE extended is

1 Year

PIP

10,000 per person $20,000 per person

Johanna purchased a National Flood Insurance policy 10 days after her community entered an emergency program. When would her coverage be effective?

12:01 am + premium & payment are mailed

Change of address

30 days

In Florida When an insurer plan to renenew a commercial property insurance policy, it just give the policyholder a written notice if it's intent to nonrenew at least how many days in advance?

45

If an insureds driver license was revoked 90 days after his auto policy as issued. If the insurer chooses to cancel the auto insurance policy, it just give the minimum of how many days notice?

45 days

Examinations must be conducted every

5 years

With ____days for cancellation

90 days

What type of structures are eligible for coverage in the citizens Property Insurance Corporation?

All types of structures

Hired Auto

An auto which, for a fee, is given to others for temporary use.

coercion

An unfair trade practice in which an insurer uses physical or mental force to persuade an applicant to buy insurance.

Which types of property are covered in any of the homeowners coverage forms?

Animals birds fish

For dwelling changes apply

Automatically

Limited Fungi, Wet or Dry Rot, or Bacteria Coverage Endorsement

Both property and liability losses

Appoint

Bound

Insurance Laws in Florida are administered by the

Chief Financial Officer

Replacing insurance policies for the sole purpose of making commissions

Churning

windstorm

Citizen Property Corporation

In dwelling policies automatic increase in insurance is

Coverage by endorsement

In dwellings policies, automatic increase in insurance is

Covered by endorsement

In what area is coverage available though the Citizen Property Insurance Corporation

Defined

In an open peril policy the only water damage that is not covered is

Flood

World wide

Flood

Turned down

Florida automobile joint

Commercial Insurance Company fee for service plan

Health plan that allow the insured subscriber to choose health care from any qualified physician

The prospective insured and insurer

In accordance with the Code of Ethics, agents must provide a completed application to

Other than collision/comprehensive

In order to have rental reimbursement endorsement you must have

A common exclusion

Mechanical Breakdown

Nonowned name

Nonowned driver who doesn't have a car

The Florida Insurance Code requires insurers to file their premium rates with the

Office of Insurance Regulation

Before an insurer will pay any loss under a policy, what is usually required from the insured?

Proof of Loss

A statement believed to be true to the best of their knowledge

Representation

Limit for each item

Specific

Who is responsible for all activities concerning insurers including licensing and certificates of authority

The Office of Insurance Regulation

HO-6

The homeowners policy form that covers condominium unit owners is

In writing

The proof of a loss statement must be

The request for mediation must state

The reason for the request and the issues

An insured suffers a windstorm loss in which the insured's driveway is blocked by two of the insured's trees and two of the neighbor's trees. The total amount of the removal adds up to the following: three trees at $300 per tree, and one tree at $600. How much will the insurer pay for the loss?

Tree Removal $1000 minimum

Binders expire when

When the policy is issued

Department of Financial Services

Who grants and revokes licenses

non-owned auto

a private passenger auto, pickup, van, or trailer not owned by or furnished or made available for regular use of the named insured or family member, while it is in the custody of or being operated by the named insured or family member

Policy Structure

diceade

Churning

replacing insurance policies for the sole purpose of making commissions

Statement guaranteed to be true

warranty