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Florida 2-20 General Lines Agent License Exam / Actual Exam with 100+ Questions and Detailed Correct Answers | 100% Accuracy | Insurance Licensing Prep | Graded A Introduction This essential resource contains 100+ verified questions and correct answers from the actual Florida 2-20 General Lines Agent License Exam for /. Covers all critical topics including property & casualty insurance, Florida-specific regulations, policy provisions, and ethical practices - updated to reflect the .

Answer Format All correct answers are clearly marked in bold and green with detailed explanations and Florida Statute references.

Florida 2-20 General Lines Agent License Exam Questions

(1–100+)

• What is the primary purpose of the Florida Surplus Lines Service

Office (FSLSO)?

a) To regulate insurance premiums

b) To oversee surplus lines insurance transactions

c) To issue insurance licenses

d) To handle consumer complaints

b) To oversee surplus lines insurance transactions

Rationale: The FSLSO ensures compliance with Florida’s surplus lines laws, managing non- admitted insurance transactions (Fla. Stat. § 626.913).

• Which of the following is NOT a required qualification for a General

Lines Agent in Florida?

a) Be at least 18 years of age

b) Be a resident of Florida 1 / 3

c) Hold a college degree

d) Be a U.S. citizen or legal alien with work authorization

c) Hold a college degree

Rationale: Florida does not require a college degree for a 2-20 General Lines Agent license, but candidates must meet age, residency, and citizenship requirements (Fla. Stat. § 626.831).

• What is the minimum passing score for the Florida 2-20 General Lines

Agent exam?

• 60%
• 70%
• 75%
• 80%
• 70%

Rationale: The Florida 2-20 exam requires a minimum score of 70% to pass, as specified by Pearson VUE (Fla. Admin. Code § 69B-227.170).

• Which type of insurance can a 2-20 General Lines Agent transact?

a) Life and health insurance only

b) Property, casualty, surety, marine, and health

c) Title insurance only

d) Workers’ compensation only

b) Property, casualty, surety, marine, and health

Rationale: The 2-20 license allows agents to transact multiple lines, including property, casualty, surety, marine, and health insurance (Fla. Stat. § 626.015).

• What is the pre-licensing education requirement for the Florida 2-20

General Lines Agent license?

• 60 hours
• 100 hours
• 200 hours
• 300 hours
• 200 hours

Rationale: Florida requires 200 hours of pre-licensing education for the 2-20 license, covering property and casualty insurance topics (Fla. Stat. § 626.785). 2 / 3

• What does the Florida Insurance Guaranty Association (FIGA) do?

a) Licenses insurance agents

b) Protects policyholders from insolvent insurers

c) Sets insurance premium rates

d) Enforces ethical standards

b) Protects policyholders from insolvent insurers

Rationale: FIGA provides a safety net for policyholders when insurers become insolvent, covering certain claims (Fla. Stat. § 631.51).

• How long is a passing score on the 2-20 exam valid for licensing

purposes?

• 6 months
• 1 year
• 2 years

d) Indefinitely

• 1 year

Rationale: A passing score is valid for one year, after which the exam must be retaken if licensing is not completed (Fla. Admin. Code § 69B-227.170).

• Which of the following is a characteristic of an insurable risk?

a) The loss must be catastrophic

b) The loss must be definite and measurable

c) The loss must be intentional

d) The loss must be speculative

b) The loss must be definite and measurable

Rationale: Insurable risks must involve losses that are definite, measurable, and accidental, not catastrophic or speculative.

• What is the purpose of the Florida Unfair Insurance Trade Practices

Act?

a) To regulate insurance premiums

b) To prevent unfair or deceptive practices in insurance

c) To license insurance adjusters

d) To set underwriting standards

b) To prevent unfair or deceptive practices in insurance

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