Chapter 4 - Homeowners DP-2 Broad Form

Question 1

DP-2 Broad Form covers all ____, ____ ____, & _____ and several others.

Answer 1

DP- 1, extended coverages & VMM

Question 2

DP 2 Broad - form covers damage by _____

Answer 2

burglars (theft not included if vacant 60+ days)

Question 3

DP 2 Broad - form covers ______ objects

Answer 3

falling

Question 4

DP 2 Broad - form covers weight of ____, _____ and ____

Answer 4

ice, snow and sleet (does not apply to awnings, patio, pool, pavements etc.

Question 5

DP 2 Broad - form covers accidental ______/_______ of water/stream

Answer 5

discharge/overflow (does not apply to 60+ days vacancy or constant/repeated leaks)

Question 6

DP 2 Broad - form covers sudden accidental tearing, _____, burning or _______

Answer 6

cracking, bulging (must be w/heating, cooling appliance, fire protection system)

Question 7

DP 2 Broad - form covers _______ but care must be taken to heat property or shut water system off/drain systems.

Answer 7

freezing

Question 8

DP 2 Broad - form covers sudden/accidental damage from ________ generated ______ current.

Answer 8

artificially , electric (does not apply to tubes, transistors, electrical components in computers, appliances, etc.

Question 9

DP-2 Broad Form smoke damage is a covered peril for the broad form, but coverage is not provided for smoke damage resulting from ______ operations or agricultural ______.

Answer 9

industrial, smudging

Question 10

DP 2 Broad - form coverage for additional living expenses is only covered under ____ & ____

Answer 10

DP-2 & DP-3

Question 11

DP 2 Broad - form - losses paid by ________ cost basis for dwellings/structures.

Answer 11

replacement

Question 12

DP 2 Broad form - losses paid by _______ for personal property.

Answer 12

actual cash value