All of the following are controlled Commercial Inland Marine lines EXCEPT?

Prepare for the Florida 2-20 Insurance Agent License Exam. Leverage flashcards and multiple-choice questions with detailed explanations. Be exam-ready with confidence!

In the context of the question regarding controlled Commercial Inland Marine lines, the correct answer identifies an option that does not fit within the category of controlled lines. Controlled Commercial Inland Marine insurance typically includes policies that are monitored and regulated specifically for certain types of property exposures.

Annual Transit policies are generally classified as uncontrolled lines because they cover goods in transit over a longer period, often without strict limitations on specific shipments. In contrast, Builder's Risk, Installation Floater, and Equipment Floater are all considered controlled lines. These types of policies are associated with specific and significant construction projects or equipment that require more precise management due to their unique risks.

Builder's Risk insurance provides coverage for structures under construction, the Installation Floater covers materials being installed at a job site, and Equipment Floater protects equipment that is not fixed but used temporarily at various locations. Each of these lines has tailored coverage features and conditions which align with the controlled classification, emphasizing the need for regulation and oversight due to their unique nature and high values involved. Thus, Annual Transit stands out as the exception in this case.

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