Florida Insurance Licensing 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

Under the commercial property form, how long must a building be vacant before some coverages are suspended and payments on others are reduced?

60 days

When a building is vacant for 60 days or more, the commercial property coverage will be affected. This is because vacant buildings pose a higher risk of loss and damage due to lack of regular maintenance and security. This coverage suspension and reduced payments serve as a precautionary measure to mitigate potential risks and protect both the insurer and the property owner. Options B, C, and D are incorrect because they either suggest a shorter or longer timeframe, which would not align with the industry standard.

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30 days

90 days

120 days

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