Dwelling Policy Flashcards
1
Q
An insured has a $70,000 dwelling policy (DP-1 basic) with a $500 deductible. While the insured is on vacation, burglars enter the house and steal several items. The total loss is estimated to be $5,000. How much of that loss will be paid under the policy?
A
$00.00 DP-1 is a named peril policy which only covers named perils fire, lightening and internal explosion.
2
Q
Coverage E in the dwelling policy provides coverage for
A
Additional living expense.
