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13 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Which of the following is the fair rental value coverage in the Dwelling policy? |
coverage D |
Already there |
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A dwelling policy has a standard deductible that applies to all property coverage except fair rental value additional living expense and the fire dept service charge. How much is this deductible? |
$250 |
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Which dwelling coverage covers a garage not attached to the primary insured dwelling? |
Coverage B |
Yo B he's not even |
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Which coverage is not included in the basic form dwelling policy? |
Additional living expense |
Ale |
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If an insured is in the process of moving to a new locations his personal property coverage under the dwelling policy will apply on a pro data basis at both locations for |
30 days |
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Under a dwelling policy which of the following is not a factor in determining a loss? |
amount reflecting insureds interest ain property at time of loss
amount necessary to repair or replace property
amount negotiated by insured
policy limit
Answer , , , , , , , , , Amount negotiated by insured |
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All of the following are other coverages under the dwelling policy except |
Other structures Debris Removal Earth Movement Improvements alterations and additions Answer , , , , , , , , Earth Movement |
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Within the first 60 days of coverage under a dwelling policy how much notice is required for cancellation of a policy? |
10 days |
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How much is the premium for the dwelling under construction endorsement under the dwelling policy? |
75% of gross premium Full value of house Average amount of insurance during construction 50% of actual value premium , , , , , , , , , , , Answer: Average amount of insurance during construction |
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Under dwelling policy form, what is the maximum hour limit during which multiple volcanic activities would be considered part of one occurrence? |
24 36 48 72 , , , , , , , , , , Answer: 72 |
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Under the additional living expenses coverage, if a civil authority prohibits the insured from using the dwelling because of direct damage to a neighboring location from a peril covered in the insureds policy loss would be covered up to |
1 month 90 days 1 week 2 weeks , , , , , , , , , Answer: 2 weeks |
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Which of the following is true of dwelling policy coverage? |
Exclusions only apply to broad policy forms There are no exclusions in basic forms Special forms only have special exclusions Exclusions apply to all three policy forms , , , , , , , , Answer: Exclusions apply to all three policy forms |
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In a dwelling policy, which of the following provided.coverage for additional living expense incurred by an owner occupant in the event a covered peril makes the premises uninhabitable due to a covered loss? |
coverage E coverage A coverage C coverage B , , , , , , , , Answer: Coverage E of dwelling policy pays additional living expenses following covered loss |
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