Chapter 5 - Dwelling Policy

Question 1

Dwelling Program Eligibility

Answer 1

Owner/Tenant Occupied Residential Purpose
4 Units or more
Only 5 roomers or boarders
Farms not eligible
Mobile Home – DP1 (Basic Form) ONLY

Question 2

DP-1 is what form?

Answer 2

Basic Form

Question 3

DP-2 is what form?

Answer 3

Broad Form

Question 4

DP-3 is what form?

Answer 4

Special Form

Question 5

Coverage A - Dwelling

Answer 5

Dwelling / Structure

Question 6

Coverage B - Dwelling

Answer 6

Other Structures Not Attached

Question 7

Coverage C - Dwelling

Answer 7

Personal Property / Contents

Question 8

Coverage D - Dwelling

Answer 8

Fair Rental Value (Dollars)

Question 9

Coverage E - Dwelling

Answer 9

Additional Living Expenses (Hint: Expenses)

Question 10

WHARVVES

Answer 10

Wind, Hail, Aircraft, Riot/Civil Commotion, Vehicles, Volcanic Eruption, Explosion, Smoke

Question 11

OPEN PERILS COVERAGE – covers everything but what is listed as excluded - describes which form?

Answer 11

Special Form / DP - 3

Question 12

ACV – Actual Cash Value - used on which form and for which coverages? - Dwelling

Answer 12

Basic Form (DP-1) Coverage A, B, C

Question 13

RC – Replacement Cost - which form and which coverages? - Dwelling

Answer 13

DP-2 & DP-3 / Coverage A, B

Question 14

Which Coverage is 10% of Coverage A? - Dwelling

Answer 14

Coverage B

Question 15

Which Coverage is 20% of Coverage A? - Dwelling

Answer 15

Coverage D on all forms, also Coverage E on DP-2 and DP- 3

Question 16

Coverage E is Not Available on which Dwelling Form?

Answer 16

DP-1

Question 17

Which Forms cover Tree, Shrubs, Other Plants coverage on dwelling?

Answer 17

DP-2 and DP-3 only

Question 18

Name of extra coverage that is 5% of Coverage A with a maximum of $500 for any one occurrence for dwelling?

Answer 18

Trees, Shrubs, Other Plants

Question 19

Collapse coverage is available on which forms for dwelling?

Answer 19

DP-2 and DP-3 only

Question 20

Abrupt falling down or coving in of a building or any portion of a building but only if it can not be occupied for its intended purpose.

Answer 20

Collapse

Question 21

Any nuclear reaction, radiation, or radioactive contamination, whether controlled or uncontrolled is what type of hazard for Dwelling?

Answer 21

Nuclear Hazard

Question 22

Any act committed by or at the direction of an insured with the intent to cause a loss is called what? - Dwelling

Answer 22

Intentional Loss

Question 23

Coverage L - Dwelling

Answer 23

Personal Liability

Question 24

Coverage M - Dwelling

Answer 24

Medical Payments to Others