Download CISR - Personal Lines Miscellaneous Exam With 100% Correct Answers 2026 and more Exams Advanced Education in PDF only on Docsity!
CISR - Personal Lines Miscellaneous
Exam With 100% Correct Answers 2026
What is a trade? - Correct Answer-Skilled manual or mechanical work. Examples: Painter, Carpenter, Electrician, etc. What is a profession? - Correct Answer-A vocation requiring advanced education and training. Examples: Physician, Dentist, Attorney, Veterinarian, etc. What is an occupation? - Correct Answer-An activity or pursuit in which a person is engaged; a person's usual or principal work or business. What are the two parts of the definition of "Business"? - Correct Answer-Part 1 - A business includes a trade, profession, or occupation engaged in on a full-time, part- time, or occasional basis. Part 2 - A business is any activity that is engaged in for money or other compensation unless it is one of four cited activities. What are the four cited activities that can void the definition of business? - Correct Answer-1 - One or more activities for which no "insured" received more than $2,000 in the 12 months prior to the beginning of the policy period. 2 - Volunteer activities where no compensation is received other than reimbursement of expenses. 3 - Home day care provided without compensation even if there is a mutual exchange of day care services. 4 - Home day care to a relative of an "insured" even if receiving compensation for the services. Is coverage for a loss to the Coverage A - Dwelling effected by "business" use? - Correct Answer-No - there is not a limitation or exclusion for a dwelling with a "business" exposure. What does the Homeowners 3 - Special Form policy automatically include in regards to Coverage A - Dwelling & Coverage B - Other Structures? - Correct Answer-It
automatically includes Coverage B - Other Structures coverage up to 10% of Coverage A - Dwelling limit. Under the Homeowners 3 - Special Form policy, what three exclusions apply to an other structure? - Correct Answer-1 - An other structure that is rented or held for rental to anyone not a tenant of the dwelling unless for use solely as a private garage. 2 - An other structure with a business conducted in it. 3 - An other structure used to store "business" property unless the property is both: (1) Owned solely by an "insured" or tenant of the dwelling & (2) The "business" property is not gaseous or liquid fuel unless it is in a permanently installed fuel tank of a vehicle or craft parked or stored in the structure. What is the Structures Rented to Others - Residence Premises HO 04 40 endorsement used to obtain? - Correct Answer-Used to obtain coverage for an other structure that is rented to others for use as a private residence. The other structure is described in the Schedule with a Limit of Liability. What is the Permitted Incidental Occupancies - Residence Premises HO 04 42 used for? - Correct Answer-An other structure with an eligible incidental "business" exposure typically offices, schools, or studios. The Limit of Liability & Description of Other Structure must be shown in the Schedule. Under a standard ISO Homeowners policy, what are the two Coverage C - Personal Property Special Limits of Liability that apply to property used primarily for business? - Correct Answer-1 - $2,500.00 for personal property used primarily for "business" while on the "residence premises." 2 - $1,500.00 for personal property used primarily for "business" while away from the "residence premises" *The limitations do not apply to property used occasionally for "business." What is the Increased Limits on Business Property HO 04 12 endorsement used for? - Correct Answer-To increase the Special Limit of Liability for "business" (personal) property on the "residence premises" to a maximum of $10,000.00. What limit is the Special Limit of Liability automatically set to for property away from the "residence premises" under the Increased Limits on Business Property HO 04 12? - Correct Answer-60% of the limit of property on the "residence premises."
3 - The rental or holding for rental of an "insured location" in part as an office, school, studio, or private garage. 4 - An "insured" under the age of 21 in a part-time or occasional self-employed "business" with no employees. *No "bodily injury" or "property damage" arising out of the rendering of or failure to render professional services. What kind of coverages does the Structures Rented to Others - Residence Premises HO 04 40 endorsement provide? - Correct Answer-Property & liability coverage for an other structure that is rented to others for use as a private residence. What coverage does Permitted Incidental Occupancies - Residence Premises HO 04 42 endorsement provide? - Correct Answer-Premise liability coverage. *Coverage is provided only on the "residence premises." What coverage does Business Pursuits HO 24 71 endorsement provide? - Correct Answer-Liability coverage is provided for the "business" pursuits of the "insured" shown in the schedule. It provides coverage both on and away from the "residence premises." What is excluded under the Business Pursuits HO 24 71 endorsement? - Correct Answer-1 - Coverage for a "business" owned or financially controlled by the "insured" or by a partnership if the "insured" is a partner or member. 2 - Professional services other than teaching. 3 - "Bodily injury" to a fellow employee injured during the course of employment. 4 - Coverage for an "insured" who is a member of the faculty or teaching staff of a school or college for (1) liability involving draft/saddle animals, aircraft, hovercraft, "motor vehicles", or watercraft for purpose of instruction in their use and (2) corporal punishment. Under the Personal Auto Policy, what is the definition of a business? - Correct Answer- A trade, profession, or occupation. Since recreational vehicles are personal property, where would property coverage be provided? - Correct Answer-Coverage C - Personal Property. For a recreational vehicle that is not required to be registered, property coverage is only provided for a loss by a covered peril if the recreational vehicle is used for what? - Correct Answer-Solely to service a residence.
What is the only recreational vehicle that may be eligible for property coverage by an endorsement? - Correct Answer-Golf carts. What two coverage options are given under the Owned Motorized Golf Cart Physical Loss Coverage HO 05 28 endorsement? - Correct Answer-1 - Direct physical loss including collision. 2 - Direct physical loss excluding collision. What is a "Golf Cart" defined as? - Correct Answer-1 - Designed to carry up to 4 people on a golf course. 2 - For the purpose of playing golf. 3 - Not built or modified to go faster than 25 miles per hour on level ground. In regards to golf carts, what kind of property is covered? - Correct Answer-Permanently installed accessories, equipment, or parts. In regards to golf carts, is there coverage for non-permanently installed accessories, equipment, and parts that are made solely for the use of golf carts? - Correct Answer- Yes; it is provided up to 10% of the highest Limit of Liability shown in the Schedule. There is no coverage for a golf cart if at the time of the loss it was: - Correct Answer-1 - Racing. 2 - Rented to others. 3 - Carrying persons or cargo for a charge. 4 - Used for any "business" purpose except while on a golfing facility. Vandalism or malicious mischief is excluded when the golf cart is kept or stored at a location which is any of the following: - Correct Answer-1 - Unoccupied. 2 - Closed for the season. 3 - Not in operation for more than 60 consecutive days immediately before the loss. How much is the deductible for a golf cart? - Correct Answer-$500.00. Property may not provide the coverage needed by clients when there is damage to recreational vehicles they rent or borrow due to the following: - Correct Answer-1 - Only those not subject to vehicle registration or licensing that are used solely to service a residence are covered.
What is a "motor vehicle" defined as? - Correct Answer-A self-propelled or amphibious vehicle, including a trailer being carried on, towed by or hitched for towing to such vehicle. What are the two parts to the "Motor Vehicle Liability" exclusion? - Correct Answer-1 - Any recreational vehicle that at the time and place of the "occurrence" is registered for use on public roads or property. 2 - Not registered for use on public roads or property, but registration was required for the recreational vehicle to have been used at the place of the "occurrence." What three requirements must be met before liability coverage is provided for an owned golf cart? - Correct Answer-1 - Capacity - It must be designed to carry four or fewer persons. 2 - Speed - It must not be built or modified to travel more than 25 miles per hour on level ground. 3 - Location - The "occurrence" must take place at one of the two specified locations. (1) Within the legal boundaries of a golfing facility and is parked or stored there, or being used by an insured to play golf or other activity allowed by the facility, travel to or from an area where "motor vehicles" or golf carts are parked or stored, or cross public roads at designated points to access other parts of the golfing facility (2) Within a private residential community, including on a public road on which a golf cart can legally travel if the community is subject to the authority of the property owners association AND an "insured's" residence is located within the community. What coverage does the Owned Snowmobile HO 24 64 endorsement provide? - Correct Answer-Liability coverage for an owned snowmobile while it is away from one of the specified "insured locations." Coverage E - Personal Liability & Coverage F - Medical Payments to Others is extended to the snow mobile described in the Schedule. What are the limitations of the Owned Snowmobile HO 24 64 endorsement? - Correct Answer-1 - It does not provide coverage for physical damage to the snowmobile. 2 - It does not provide coverage for an injury to an "insured" or a regular resident of the household. 3 - It does not provide Uninsured/Underinsured Motorists coverage. What coverage does the Incidental Low Power Recreational Motor Vehicle Liability Coverage HO 24 13 endorsement provide? - Correct Answer-Liability coverage for
some recreational vehicles that are otherwise excluded when away from one of the specified "insured locations." Coverage E - Personal Liability & Coverage F - Medical Payments to Other is extended to "motor vehicles" away from one of the specified "insured locations" and meet the following two requirements: (1) Not built or modified to exceed a speed of 15 miles per hour on level ground & (2) Not a motorized bicycle, motorized scooter, moped or motorized golf cart regardless of its speed capacity. What kind of endorsement is the Incidental Low Power Recreational Motor Vehicle Liability Coverage HO 24 13 endorsement? - Correct Answer-Blanket. What is the Personal Auto Policy not designed to provide coverage for? - Correct Answer-The recreational vehicle exposure. While there is no liability coverage for a vehicle with fewer than four wheels or a vehicle designed mainly for use off public roads, what are the two exceptions? - Correct Answer-1 - If these vehicles are being used in a medical emergency. 2 - For a non-owned golf cart for other than business use. What coverages can the Snowmobile PP 03 20 endorsement provide? - Correct Answer-1 - Liability. 2 - Medical Payments. 3 - Uninsured and/or Underinsured Motorists *Other than collision & collision coverages. What is the Passenger Hazard Exclusion? - Correct Answer-If a passenger on the snowmobile is injured, that person may be able to seek recovery against the owner and/or the operator of the snowmobile. Does the Snowmobile PP 03 20 endorsement or Owned Snowmobile HO 24 64 provide broader coverage. - Correct Answer-The Snowmobile PP 03 20 endorsement provides greater coverage than the Owned Snowmobile HO 24 64 endorsement to the Homeowners Policy. What coverages does the Miscellaneous Type Vehicle PP 03 23 endorsement provide for owned recreational vehicles including all-terrain vehicles, golf carts, motor scooters, and go carts? - Correct Answer-1 - Liability. 2 - Medical Payments.
2 - Maintenance, occupancy, operation, use, loading or unloading of a watercraft by any person. 3 - Entrustment of a watercraft to any person. 4 - Failure to supervise or negligent supervision. 5 - Vicarious liability for the actions of a child or minor involving the watercraft. Where does the stored watercraft exclusion not apply? - Correct Answer-To a boat parked on a trailer in the "insured's" driveway or in a dry dock or storage yard at a marine. What four characteristics determine if there is non-stored watercraft coverage? - Correct Answer-1 - Type. 2 - Whether owned, rented, or borrowed. 3 - Length (applies to sailboats only). 4 - Horsepower. When are sailboats covered? - Correct Answer-1 - Owned and under 26 feet. 2 - Rented and under 26 feet. 3 - Borrowed and regardless of length. When are inboards, inboard-outdrives, and water jet pumps covered? - Correct Answer- 1- Rented and 50 horsepower or less. 2- Borrowed and no horsepower limitation. 3 - Not covered if owned. When are outboards covered? - Correct Answer-1 - Rented and regardless of horsepower. 2 - Borrowed and regardless of horsepower. 3 - Owned and total horsepower is 25 or less (+newly acquired coverage).
What coverage does the Watercraft HO 24 75 endorsement provide? - Correct Answer- For a watercraft this is excluded because of its type, length, and/or horsepower, liability is provided. Coverage E - Personal Liability & Coverage F - Medical Payments to Others is extended to watercraft described in the Schedule. What are the limitations of the Watercraft HO 24 75 endorsement? - Correct Answer-1 - It does not provide coverage for physical damage to the watercraft. 2 - It does not provide coverage for an injury to an "insured" or regular resident of the household. 3 - It does not provide Uninsured/Underinsured Boaters coverage. The Personal Auto Policy does not provide what coverages for a watercraft? - Correct Answer-1 - Part A - Liability coverage. 2 - Part D - Coverage for damage to your auto coverage. What is a trailer? - Correct Answer-A vehicle designed to be pulled by a private passenger auto, pickup, or van. What is a Personal Umbrella Policy? - Correct Answer-Excess liability for those losses that are covered by the client's Homeowners Policy, Personal Auto Policy, Watercraft Policy, or Recreational Vehicle Policy. Broader coverage is provided by providing primary coverage for losses that are not covered by the client's Homeowners Policy, Personal Auto Policy, Watercraft Policy or Recreational Vehicle Policy. What is a Excess Liability Policy? - Correct Answer-Excess liability for those losses that are covered by the client's Homeowners Policy, Personal Auto Policy, Watercraft Policy, or Recreational Vehicle Policy. It is not designed to provide broader coverage, and if the loss is not covered by one of the policies listed above, it will not provide any coverage. What is a Hybrid Umbrella/Excess Policy? - Correct Answer-A policy that is neither a true Umbrella Policy nor a true Excess Liability. Because of the variances in these types of polices, there is no absolute as to what is covered and what is not provided.
What is an agreement? - Correct Answer-The insurance company will provide coverage as long as the premium is paid and the policy requirements are met. What is a "family member"? - Correct Answer-Resident relative, ward or foster child and anyone under the age of 21 in the name insured's care or other "insured" who is over
What is a "fuel system"? - Correct Answer-One or more containers with total combined storage capacity of 100 or more gallons of liquid fuel that are located on a premises covered by "underlying insurance" and storing fuel to be used solely to heat or cool a building, heat water, cook food, or power motor vehicles, other motorized land conveyances or watercraft owned by an "insured." What is a retained limited? - Correct Answer-The amount paid before the policy is obligated to pay for a loss and is either the "underlying insurance" or the deductible (SIR). What are the additional coverages that are provided under a Personal Umbrella Liability Policy? - Correct Answer-1 - Defense expenses incurred by the insurance company. 2 - Premiums on bonds required in a lawsuit that the insurance company defends. 3 - Reasonable expenses incurred by an "insured" at the request of the insurance company. Includes loss of earnings up to $250.00 per day for an "insured" who misses work due to assisting in the investigation or defense of a claim or suit. 4 - Post judgement interest. In regards to appeals, what does the umbrella insurance company have the right to do?
- Correct Answer-Appeal a judgement that exceeds the underlying policy's limit of liability if the underlying insurance company chooses not to appeal.
