Other Types of Property Insurance Flashcards
1
Q
Under a Mobile Homeowners Policy how much will the policy pay to protect it from covered perils?
A
$500
2
Q
What is the maximum number of stories of an office building to be eligible for a BOP?
A
6 stories
3
Q
A BOP policy is most similar to what other policy?
A
Homeowners
4
Q
A Ranchowners policy is most similar to what policy?
A
Homeowners
5
Q
What is a BOP policy?
A
A self-contained prepackaged policy?
6
Q
True or False: A condominium is eligible for coverage under a BOP?
A
False
7
Q
A mobile homeowners policy is structured the same as what other policy?
A
A homeowners policy
8
Q
True or False: Earthquake coverage is commonly provided through a federally funded program.
A
False
