d.
Which of the following losses would be covered under all dwelling forms?
A
Collapse due to settling
B
Damage caused by a sewer or drain backup
C
Damage caused by subsidence of land the dwelling is sitting on
D
Fire damage to building materials and supplie
C.
Which of the following is true regarding Coverage A under the Dwelling Policy?
A
Outdoor equipment is not covered
B
Coverage for land is restricted to the land upon which the dwelling is sitting
C
The policy does not include coverage for wind loss of tele
b.
Policyholder L has a DP-1 with a Coverage A amount of $300,000. Following a severe storm, she suffers a covered loss to the dwelling of $275,000 and a covered loss to a detached swimming pool of $30,000. How much will L's policy pay?
A
$250,000
B
$300,000
Is limited by the named exclusions
Special Form dwelling coverage:
c.
The Personal Liability endorsement does not provide coverage for which of the following?
A
First aid expenses
B
Medical payments to others
C
Injury caused to a regular resident of the dwelling
D
Defense costs
a.
Which of the following is false regarding dwelling policies?
A
Trees, shrubs and plants are covered for up to $2,500 total
B
Mobile homes are eligible if written on a DP-1
C
Incidental business occupancies are permitted
D
Farm dwellings are not eligible
C
b.
Which of the following is correct regarding damage caused by vandalism under the Basic Dwelling Form?
A
It is covered as a basic peril
B
Vandalism coverage must be added by the V&MM endorsement
C
It is covered as an extended coverage peril
D
Vandalism of
No coverage
The DP-3 provides what coverage for damage to the insured's dwelling due to a power failure when lightning strikes a power transformer 2 miles away?
a.
Dwelling Coverage D covers which of the following losses?
A
Access prevented by a civil authority because of a neighboring location's direct loss by a peril covered under the insured's policy
B
Additional Living Expense
C
Damage to a swimming pool
D
Loss
power surge
Sudden and accidental damage from artificially generated electrical current best describes a(n):
a.
Water damage caused by which of the following is a covered loss under the Dwelling policy?
A
Discharge caused by a plumbing failure
B
Overflow of water from a sump pump
C
Water below the surface of the ground
D
Leaks through a driveway
d.
Of the Dwelling Policy forms, which one would cover an owned mobile home permanently affixed to a foundation?
A
DP-1, 2, or 3
B
DP-3
C
DP-2
D
DP-1
b.
Which of the following coverages is not provided by the Personal Liability endorsement?
A
Defense costs
B
Injury caused to a regular resident of the dwelling
C
Medical payments to others
D
First aid expenses
b.
Choose the true statement about the Basic Dwelling Form.
A
The Basic Form covers loss to trees, shrubs and plants
B
The Basic Form covers internal explosion
C
The Basic Form automatically covers contents for theft
D
The Basic Form covers contents on an op
a.
Which of the following coverages is not included in the Basic Dwelling Form?
A
Additional Living Expenses
B
Property moved to a Newly Acquired Residence
C
Fair Rental Value
D
Personal Property Coverage on a World-Wide basis
a.
The DP-3 insures personal property against the same perils as:
A
The DP-2 Personal Property Coverage
B
The DP-1 Personal Property Coverage
C
The DP-1 Dwelling Coverage
D
The DP-3 Dwelling coverage
d.
Which of the following property is not covered under Coverage A of a Dwelling Policy?
A
Materials for repairing the dwelling, located on the described location
B
Fire or lightning damage to outdoor television antennas
C
Outdoor equipment on the location u
a.
Which of the following describes the loss settlement basis for a fire damage claim to a dwelling insured under a DP-3 policy?
A
Replacement cost up to the Coverage A limit
B
Replacement cost up to the Coverage B limit
C
Actual cash value of the dwelling u
d.
Which of the following is true regarding the Personal Liability Supplement?
A
It covers Professional Services rendered by the insured
B
It covers the insured's personal autos
C
The Limit of Liability is the same as the Coverage A amount
D
It provides cove
a.
Under the Broad Form Dwelling Policy (DP-2), which peril is not included for coverage without an endorsement?
A
Theft
B
Falling Objects
C
Volcanic Eruption
D
Damage to appliances by artificially generated electricity
a.
Under which form is the Coverage B limit included in the overall policy limit represented by Coverage A?
A
DP-1
B
DP-2
C
DP-3
D
DP-4
c.
Under the Basic Dwelling Form, losses are paid on which basis?
A
Replacement Cost
B
Agreed Value
C
Actual Cash Value
D
Market Value
b.
Under a Dwelling Policy, the coverage extension of Debris Removal will pay for:
A
The removal of debris resulting from the action of a civil authority
B
The removal of the debris caused by an insured peril
C
The removal of the debris from an automobile ac
a.
All of the following statements are correct regarding the Fire Department Service Charge in Dwelling Policies, except:
A
The policy will pay up to $1,000
B
Coverage is not provided if the premises is within the same jurisdiction as the fire department
C
T
no coverage
The DP-3 provides what coverage for damage to the insured's dwelling due to a power failure when lightning strikes a power transformer 2 miles away?
a.
All of the following are true of the Dwelling Special Form, except:
A
Both the dwelling and contents are covered on an open perils basis
B
The dwelling must be used principally for residential dwelling purposes
C
Mobile homes are not eligible
D
Losses to
c.
Which DP form does not cover burglar damage?
A
Broad Form (DP-2)
B
None of the Dwelling Policies cover damage done by burglars
C
Basic Form (DP-1)
D
Special Form (DP-3)
a.
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?
A
General Exclusions
B
Endorsements
C
Other Coverages
D
Insuring Agreement
b.
Dwelling Coverage D covers which of the following losses?
A
Loss of rental income due to the cancellation of a lease
B
Access prevented by a civil authority because of a neighboring location's direct loss by a peril covered under the insured's policy
C
Ad
c.
Which of the following is true regarding Coverage A under the Dwelling Policy?
A
Coverage for land is restricted to the land upon which the dwelling is sitting
B
Coverage A includes a detached carport
C
The policy does not include coverage for wind loss o
b.
Which of the following is TRUE of the Dwelling Under Construction Endorsement of a Dwelling Policy?
A
The insurer does not need to be notified of building completion
B
The liability limit is a percentage of the finished building's value
C
The insured has
b.
Which of the following describes the loss settlement basis for a fire damage claim to a dwelling insured under a DP-3 policy?
A
Actual cash value of the dwelling up to the Coverage B limit
B
Replacement cost up to the Coverage A limit
C
Replacement cost u
b.
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
d.
Special Form dwelling coverage:
A
Provides coverage against scheduled risks
B
Includes coverage for catastrophic perils
C
Provides coverage against named perils
D
Is limited by the named exclusions
no coverage
The DP-3 provides what coverage for damage to the insured's dwelling due to a power failure when lightning strikes a power transformer 2 miles away?
a.
Which of the following properties is ineligible to be insured under a Dwelling Policy?
A
Farms
B
Dwellings with any type of business in them
C
Mobile homes
D
Dwellings containing three apartment units
b.
Policyholder L owns a dwelling, and rents the detached garage to tenants. The premises are insured under a DP-3 with a Coverage A limit of $100,000. How much is the detached garage insured for if damaged by a covered claim?
A
$5,000
B
$10,000
C
$50,000
D
b.
Which is true of the Dwelling policy Special Form?
A
The form will cover the cracking of walls
B
Contents are covered on an actual cash value basis
C
The form will cover the theft of contents
D
Losses to the dwelling are paid on an actual cash value basis
a.
Choose the claim that is not covered under the Dwelling Broad Form (DP-2).
A
Theft of personal property at the insured premises
B
Accidental discharge or overflow of water from a household appliance
C
Damage caused by burglars
D
Glass that is a part of a
d.
Which of the following would not be covered under Coverage B?
A
Pole barn
B
Swimming pool
C
Shed
D
Grain silo
b.
Under the property removed coverage extension of a Dwelling Policy, which of the following is incorrect?
A
The property is covered against direct loss from any peril
B
The policy will not provide any coverage while insured property is being removed from e
a.
Of the Dwelling Policy forms, which one would cover an owned mobile home permanently affixed to a foundation?
A
DP-1
B
DP-3
C
DP-2
D
DP-1, 2, or 3
b.
Which of the following perils is not covered under the Extended Coverage Endorsement to the DP-1?
A
Smoke
B
Weight of ice, snow or sleet
C
Volcanic eruption
D
Explosion
d.
All of the following statements are correct regarding the Fire Department Service Charge in Dwelling Policies, except:
A
The coverage is additional insurance
B
Coverage is not provided if the premises is within the same jurisdiction as the fire department
d.
Which of the following would not be covered under Coverage C of the Special Dwelling Form?
A
Property of others that is in the care, custody and control of the insured
B
Household and personal property
C
Property of guests and servants
D
The insured's gol