INSURANCE

Question 1

Coverage and claims

Answer 1

fire or lightning,
glass breakage,
windstorm or hail,
explosion,
riot or civil commotion,
damage from aircraft,
damage from vehicles,
damage from smoke,
vandalism and malicious mischief,
theft, and
loss of property removed from the premises when endangered by fire or other perils.

Question 2

broad-form policy

Answer 2

falling objects;
damage due to the weight of ice, snow, or sleet;
collapse of all or part of the building;
bursting, cracking, burning, or bulging of a steam or hot-water heating system or appliances used to heat water;
accidental discharge, leakage, or overflow of water or steam from within a plumbing, heating, or air-conditioning system;
freezing of plumbing, heating and air-conditioning systems, and domestic appliances; and
injury to electrical appliances, devices, fixtures, and wiring from short circuits or other accidentally generated currents.

Question 3

CLUE REPORT

Answer 3

The Comprehensive Loss Underwriting Exchange (CLUE) is a database of consumer claims history that enables insurance companies to access prior claims information in the underwriting and rating process. The database contains up to five years of claims history. The reports include policy information such as name, date of birth, policy number, and claim information date (date and type of loss, amounts paid, and description of property covered).