dwellings Flashcards
what coverages are included in DP1?
A- dwellings B-Other structures C-personal property D-Rental Value not E
what perils are included in DP1?
only fire, lightning and internal explosion
what coverage are included in DP2?
A,B, C, D- rental value, and E additional living expenses
what perils are included in DP2?
same as DP-1 + ec perils, VMM and big effect
what coverages are included in DP3?
A, B, C, D, E
what perils are included for DP3?
open peril coverage a and B broad form coverage C
how many days is there removal coverage for DP1?
5 days
how many days is there removal coverage for DP2 and DP3?
30 days
what percent of coverage A is coverage B covered by?
10%
what percent of coverage C is covered in the dwelling?
10%
what percent of coverage A is coverage D covered?
20%
what basis is DP2 and DP3 written on?
replacement cost
what can be added as an endorsement on DP1?
EC perils and VMM
what is automatic removal coverage?
allows property moved from one location to the next for 30 days
ec perils are
windstorm or hail, explosion, riot or civil commotion, aircraft, vehicles, smoke, volcanic eruption
when is hail or windstorm not covered on the interior of the building?
when the damage is done when the insured left a window open
when are vehicles not covered?
when there is damage is done by the insured and always not to femces driveways and walks
when is smoke damage not covered?
when it is from fireplaces, agricultural smudging or industrial operationa
what is not covered by v and mm?
damage to glass parts, loss by theft, damage to a building that has been vacant for more than 30 days
personal property to dp2 and dps is covered on what basis?
actual cash value
which DP’s cover trees plants and shrubs?
DP 2 and DP3
general exclusions DP1 and 2 and 3
cost of repair for ordinance of law, earth movement, water damage, neglect, war or nuclear
under flood damage what is the deductible for mudslides?
$750
what is the waiting period for flood insurance?
30 days
