Damaged household and personal property in transit between the insured's old and new residences is covered by the Dwelling Policy under:
Coverage C, the coverage for Personal Property
Water damage caused by which of the following is a covered loss under the Dwelling policy?
Discharge caused by a plumbing failure
How much will the Dwelling Policy pay for living expenses after a dwelling insured for $100,000 Coverage A is damaged by a fire?
$20k, Coverage E limit of insurance is 20% of the Coverage A limit
Under the Broad Form Dwelling Policy (DP-2), which peril is not included for coverage without an endorsement?
Theft, Policy (DP-2) is available only through attachment of the Limited Theft
The Limited Theft Coverage endorsement to the DP is used under which of the following circumstances?
The insured dwelling is tenant-occupied
Under Coverage C of the Special Dwelling Form, all of the following are included, except:
The insured's golden retriever
Which of the following statements about the Dwelling Special Form is true?
Contents are covered on an actual cash value basis
Which of the following is true under the Dwelling policy?
The Basic Form covers the perils of fire, lightning and internal explosion
Sudden and accidental damage from artificially generated electrical current best describes a(n):
Power surge
Which of the following statements about the DP-3 Policy is false?
The dwelling and contents are both covered on an open perils basis
Which of the following losses would be covered under the Dwelling Policy?
Fire damage to building materials on the insured premises
Which of the following is true of a Dwelling Form?
The Special Form covers the building and other structures on an open perils basis
Which of the following perils is not covered under the Dwelling Broad Form?
Smoke damage from industrial operations
Policyholder N insures his owner-occupied home under a dwelling property policy (DP-3) with a limit of $100,000. If the dwelling is damaged in a fire, what is the limit of insurance that will apply to Coverage E, Additional Living Expense?
$20k, Coverage E is 20% of Coverage A
Which of the following claims would be covered under the DP-3?
Damage by vandalism to a dwelling vacant for 30 days before the loss
Which of the following is true of the Dwelling Under Construction Endorsement of a Dwelling Policy?
The premium is based upon the average amount of insurance during construction
All of the following are true about liability, except:
Liability policies pay costs incurred by an insured to sue negligent third parties
Under the Dwelling Policy, household and personal property, including property in transit between the insured's old and new residences, are covered under:
Coverage C, coverage for Personal Property
Which is true of the Dwelling policy Special Form?
Contents are covered on an actual cash value basis
Which of the following is true regarding coverage of trees, shrubs or plants under the Dwelling policies?
Damage to plants by wind, hail, weight of ice, snow or sleet is not covered
Under Coverage A of a Dwelling Policy, all of the following are covered, except:
Land, including the land on which the dwelling is located
Under a dwelling policy, an insured tenant may use up to what percentage of the Coverage C limit of insurance for a covered loss to improvements, alterations, and additions made at the insured's expense to that part of the described location occupied by t
10%
The Dwelling Broad Form (DP-2) insures against all of the following perils, except:
Theft
The Basic Form covers internal explosion (t/f)
true
Which of the following is true regarding Coverage A under the Dwelling Policy?
The policy does not include coverage for wind loss of television antennas
The Dwelling and other structures are provided Open Perils coverage on a Replacement Cost basis (t/f)
true
All of the following are true regarding the Broad Theft Endorsement on a Dwelling policy, except:
Only on-premises coverage is available
The abrupt falling down or caving in of a building disallowing it to be used for its intended purpose is the definition of:
Collapse
Where in the Dwelling policy is it stated that earth movement, landslide, mine subsidence, and mudflow are not covered unless resulting from direct loss by fire or explosion?
General Exclusions
Choose the claim that is not covered under the Dwelling Broad Form (DP-2).
Theft of personal property at the insured premises
After a lightning storm, the electrical transformer in B's town fails and she has no electricity for 3 days. The damage caused by the loss of electricity:
Is not covered
Of the Dwelling Policy Forms, which one does not cover damage by burglars?
Basic Form (DP-1), Damage by Burglars is covered only in the broader Forms DP-2 and DP-3
Policyholder M insures her owner-occupied single family residence under a dwelling property policy (DP-3) with a limit of $100,000. If the dwelling is damaged in a fire, what policy coverage will pay for M's extra costs to stay in a motel and board her pe
Coverage E, pays for the necessary increase in living expenses incurred by the insured if the building is rendered unfit for its normal use
Which of the following statements about Fire Department Service Charge coverage is not correct?
The policy will pay up to $1k for Fire Department Service Charge coverage
All of the following perils are included under the Dwelling Broad Form, except:
Smoke damage from industrial operations
Under all the Dwelling Forms, the dwelling described in the declarations is covered under:
Coverage A
What statement concerning the Dwelling Special Form is true?
The Dwelling and other structures are provided Open Perils coverage on a Replacement Cost basis
Under the Basic Dwelling Form, when is damage caused by vandalism included as covered peril?
When the V&MM endorsement is added to the DP-1
The DP-3 insures personal property against the same perils as:
DP-2 Personal Property Coverage
Which is true of Coverage C of the Dwelling Policy?
Coverage C provides coverage for the personal property of a guest
Under the Dwelling Broad Form, losses to an unattached garage are paid on which basis?
Replacement Cost
The Personal Liability endorsement does not provide coverage for which of the following?
Injury caused to a regular resident of the dwelling