How to Use Key Facts
Quick Review
Scan through before your exam - these are the must-know facts boiled down to their essence.
Fill in Gaps
Not sure about a topic? Go to that chapter's full guide for detailed explanations and examples.
Print & Go
Each page is printable - take them on the bus, train, or study at lunch.
Select a Topic
Insurance Terms
Risk, hazards, negligence, indemnity, ACV vs replacement cost, and foundational concepts.
Provisions & Contracts
D-I-C-E policy structure, arbitration, cancellation, federal regulations (FCRA, TRIA).
Dwelling Policy
DP-1, DP-2, DP-3 differences, perils, vacancy rules, coinsurance requirements.
Homeowners Policy
HO-2 through HO-8, Section I & II coverages, liability limits, exclusions.
Commercial Lines
CPP, BOP eligibility, vacancy rules, business income, coverage territory.
Inland Marine & Flood
Floaters, Nationwide Definition, NFIP coverage limits, eligibility requirements.
NJ Regulations
Licensing, Commissioner powers, trade practices, penalties, Guaranty Associations.
Numbers You MUST Memorize
3
Arbitrators in dispute
30
Days - contents while moving
60
Days vacancy limit
80%
Coinsurance requirement
$1K
Damage to property of others
$250K
Max NFIP dwelling coverage