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Homework answers / question archive / What is the Dwelling (D) Coverage? What is the Dwelling (E) Coverage? What Does Dwelling Coverage (A) Cover? TRUE OR FALSE? Dwelling Coverage (A) Also Covers Material & Supplies on or next to the described location used to construct, alter, or repair the dwelling or other structures @ the described location? TRUE OR FALSE? Dwelling Coverage (A) Covers Land and Land Dwelling Sits On? What is the Valuation of Dwelling Coverage (A) What Does Dwelling Coverage (B) Cover? TRUE OR FALSE? Dwelling Coverage (B) Covers Structures Rented to Others Who Were Not A Tenant of the Dwelling Before Residing in the Other Structure What is the Dwelling Coverage (B) Percentage Limit of Insurance of the Coverage (A) limit? What Does Dwelling Coverage (C) Cover? TRUE OR FALSE? Dwelling Coverage (C) Covers Loss Due to Vandalism & Mischief, Guest, as Well as Servant While Located on the Described Location? TRUE OR FALSE? Accounts, bank notes, coins, currency, birds, animals, fish, aircraft, watercraft (other than rowboats or canoes), motor vehicles (other than used to service location/handicapped), hovercraft, data, paper records, computers, credit cards, funds transfer cards, water/steam, and grave makers are property covered in the Dwelling Coverage (C) form? In the Dwelling Coverage (C) form, the insured may use what percentage of the Coverage C limit of insurance for loss caused by insured peril to covered property anywhere in the world? What Does Dwelling Coverage (D) Cover? TRUE OR FALSE? Dwelling Coverage (D) is a policy that pays for the "Fair Rental Value" of that part of the described location that is rented to others, or held for rental for others at the time of a loss What is the Dwelling Coverage (D) limit of Coverage (A) limit? What Does Dwelling Coverage (E) Cover? What is the limit percentage for the Dwelling Coverage (E) What is the meaning of WC SAVER? What is Homeowners Insurance? What are other coverages of the Dwelling Policy? What are some General Exclusions of the Dwelling Policy? What are Selected Endorsements for the Dwelling Policy? What makes you Homeowner Policy Eligible? TRUE OR FALSE? Eligible dwellings under the Homeowners Policy contain 1-4 residential units and no ore than 2 roomers or boarders per family
Fair Rental Value
Additional Living Expense
Dwelling described in the dec page, used for residential purposes, including structures attached to the dwelling (Example: Garage)
True
False
Replacement Cost
Other structures described on the location if they are separated or detached from the dwelling by clear space, a fence, or a utility line (Example: Detached Garage)
False
10%
Household & personal property usual to the occupancy
True
False
10%
Provides insurance for indirect losses that occur as a result of direct loss to property insured under coverages A,B, or C that are covered by the policy
True
20%
Policy pays for any necessary increases in living expenses incurred by the named insured lives uninhabitable. (Maintain normal standard of life).
20%
Windstorm, Civil Commotion, Sales, Aircraft, Volcanic Eruption, Riots
A form of property insurance that covers losses and damages to an individual's house and to assets in the home. Also provides liability coverage against accidents in the home or on the property
Debris Removal, Improvements Alterations and Additions, Worldwide Coverage, Reasonable Repair, Property Removed, Trees Shrubs and Plants, Fire Department Service Charge, Collapse, Glass or Safety Glazing Material, Ordinance or Law
Ordinance or Law, Earth Movement, Water Damage, Power Failure, Neglect, War, Nuclear Hazard, Intentional Loss, Non Concurrent Exclusions
Automatic Increase in Insurance, Broad theft Coverage, Limited Theft Coverage, Dwelling Under Construction, Personal Liability Supplement
Name insured must be the owner-occupant of the insured dwelling, The dwelling muse be the principal residence of the named insured, and incidental business occupancies, offices, studios, schools are all permitted.
True
Broad Form
Special Form
Contents Broad Form
Comprehensive Form
Unit Owners Form