dwelling

Question 1

The Broad and Special Dwelling Forms provide two Extensions of Coverage not found on the Basic form. What are they?

Answer 1

Coverages for building collapse and for lawns, trees, and plants

Question 2

In the DP-2 form, perils that are not named are what

Answer 2

excluded

Question 3

DP-2 Broad form theft is not a covered peril

Answer 3

It is ACV on the contents, a named peril form, and contains the 80% coinsurance clause

Question 4

On a DP-3 Dwelling Property Special Form policy, the coverage provided for personal property is?

Answer 4

Same as provided on the dp-2 broad form

Question 5

On the DP-1 Basic Form, all of the following are covered under the Perils of Extended Coverage EXCEPT

Answer 5

vandalism

Question 6

Which clause in a fire policy protects the insurer from overinsurance?

Answer 6

Pro rata liability clause

Question 7

The DP-2 Broad Form automatically insures covered property against loss from any cause while being removed from a premises endangered by a Peril insured against for no more than

Answer 7

30 days

Question 8

On a DP-2 Broad Form Dwelling Property policy, there is no coverage for which of the following two perils after the dwelling has been vacant for 30 consecutive days

Answer 8

Damage by burglars and accidental discharge of water or steam

Question 9

On an All-Risk Property policy, where would you look to determine if a loss is covered?

Answer 9

Exclusions

Question 10

The clause in the Dwelling Policy that limits the liability of the insurer to a portion of the loss no greater than “the amount hereby insured shall bear to the whole insurance covering the property against the peril involved, whether collectible or not” is called the

Answer 10

pro rata liability clause

Question 11

On a Dwelling Property Form, Coverage B, Other Structures, excludes all the following EXCEPT

Answer 11

private garage rented to others

Question 12

On a Dwelling Fire policy, the inflation guard automatic increase in insurance endorsement applies to coverages

Answer 12

A and B

Question 13

An endorsement can be added to a DP policy to cover all of the following EXCEPT

Answer 13

animals, birds or fish

Question 14

When you leave your fully furnished house to go on an extended vacation, your house is considered

Answer 14

unoccupied

Question 15

In order to be properly covered during initial construction, which of the following endorsements should be added to a dwelling form

Answer 15

dwelling under construction

Question 16

BI and PD may be added to a dwelling fire policy by adding

Answer 16

comprehensive personal liability

Question 17

If Coverage C, Personal Property (or Contents) coverage is written on a Dwelling Form, an Extension of Coverage may be used to provide worldwide Personal Property coverage for an amount up to

Answer 17

10%

Question 18

Theft of built-in dwelling fixtures are covered under which dwelling form

Answer 18

special

Question 19

Coverage B, Other Structures, is in addition to limits on all Dwelling Property policy forms EXCEPT

Answer 19

basic