Chapter 8 Ccp Flashcards
1
Q
What dies the broad form of the CCP cover ?
4 answers
A
Falling objects exterior then interior
Weight of snow, sleet and ice
Water damage caused by accidental discharge
Collapse as additional coverage
2
Q
How much coverage is provided by the fire department service charge additional coverage ?
A
Up to $1000
3
Q
Under a ccp valuation is typically valued on what basis
A
Actual cash value, except if a coinsurance requirement is met and the loss is $2500 or less
4
Q
What’s required for coverage extensions?
A
80% coinsurance in the declarations
5
Q
What type of coverage does special cause of loss
A
Open peril coverage covers direct physical loss
5
Q
What type of coverage does special cause of loss
A
Open peril coverage covers direct physical loss
