Dwelling Policy Flashcards
All the following are perils covered under the broad form dwelling policy EXCEPT
Theft
Under a dwelling policy, which of the following clauses applies if an insured has lost one of the two matching silver candlesticks?
Pair or Set
What type of property would NOT be covered under the dwelling policy special form Coverage A-Dwelling
Land on which dwelling is located
In dwelling policies, automatic increase in insurance is
Coverage by endorsement
What is the maximum number of roomers or boarders for properties insured under the dwelling policy?
5
All of the following would be eligible for coverage under the dwelling policy EXCEPT
A house that has 5 residential units
Within the first 60 days of coverage under a dwelling policy, how much notice is required for cancellation of a policy?
10 days
Replacement cost coverage is provided in both the broad and special form dwelling policies when
The amount of insurance is at least 80% of it’s replacement cost at the time of loss.
Which of the following claims would be included under the dwelling policy?
Fire damage to the insured’s rowboat stored in the attached garage.
On a DP-3 dwelling property Special Form policy, the coverage provided for personal property is
The same as provided on the DP-2 Broad Form
In a dwelling policy, which of the following is true regarding personal liability coverage?
It must be added as a supplement or written as a separate policy.
Vandalism and malicious mischief would be covered if the insured’s premises have been vacant for no more than how many days?
60 days
Which of the following property coverages would provide protection to contents damaged by fire?
Coverage C
All of the following are other coverage under the dwelling policy EXCEPT
Earth Movement
In a dwelling policy, which of the following is true regarding personal liability coverage?
It must be added as a supplement or written as a separate policy.
An insured’s house is damaged by a fire and is uninhabitable. As a result, the insured has to rent an apartment until repairs are made. Which type of broad or special form coverage does the insured have?
Coverage E- Additional Living Expenses
Under the dwelling policy, Coverage C- Personal Property is
Limited to covering a servant’s property while at the insured location
Which of the following dwelling coverage forms would pay replacement cost for the dwelling?
DP-2 & DP-3
If an insurer makes a change to broaden coverage in a dwelling policy while it is in effect, the changes will apply
Automatically
Within how many years of a loss may an insured bring a lawsuit against an insurer, according to the dwelling policy?
2 years
Which of the following dwelling coverages would provide coverage to a garage not attached to the primary insured dwelling?
Coverage B
In a dwelling policy, which of the following other structures would be covered?
Rented to a neighbor for use as a private garage
A basic dwelling policy automatically provides coverage against fire, lightning, and
Internal Explosion
Which of the following is NOT true concerning the fair rental value coverage provided in a dwelling policy?
Loss or expense caused by the cancellation of a lease is covered.
