Dwelling Quiz B Flashcards
What are the automatic perils covered under every dwelling policy form
Fire
lightning
external explosion
It adds additional perils to the coverage
The EC endorsement
Vandalism and miscellaneous mischief covers (V&MM)
Intentional acts
What components must be included in the definition of a hostile fire
Rapid oxidation accompanied by a plane or at least a glow
Must be sudden and unexpected
Must spread beyond its intended place
Extended coverage girls which are more broad under DP2 are
Explosion
smoke
vehicle
On structures the DP3 provides which of the following
Open perils all risk coverage
Which components must be included in a determination of a hostile fire
Rapid oxidation accompanied by a flame or at least a glow
Must be sudden and unexpected
Must spread beyond its intended place
Affect the insurance carries ADP to dwelling form and ensures the dwelling for 80% of its replacement cost value what will he be paid if thirty-year old roof sustains $10,000 in damage
$10,000
The insured under ADP three dwelling form is remodeling he does not have a place to store his materials he stores them in his next-door neighbors garage the garage just destroyed by fire which of the following applies
This is included under the building coverage and cover Supplies and materials are next to the insurance premises
The insured has one family dwelling with the detached garage the dwelling is insured for $200,000 how much coverage applies to the garage
$20,000.10% of the insured
The insured has suffered roof damage as we felt the tornado he makes temporary repairs until the repairs can be made he spends $1500 for his work how much will DP2 dwelling policy pay
$1,500
The insured owns a two family dwelling and rinse out one of the dwelling units a fire occurs what could that ensure look to for his loss of rental income under the dwelling policy DP3
Fair rental value
Which of the following dwelling forms provide removal coverage for 30 days
The broad form
special forms
How is coverage regarding debris removal under the dwelling forms
Coverage is included in the dwelling and contents coverage
