Dwelling (DP)
Quiz
•
Other
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Professional Development
•
Practice Problem
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Medium
Laura Yost
Used 38+ times
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55 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following claims would be covered under the DP-3?
Damage to a fence due to freezing and thawing of ice due to a winter storm
Wind damage to TV antennas
Theft to a dwelling under construction
Damage by vandalism to a dwelling vacant for 30 days before the loss
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The DP-2 Broad form EXCLUDES coverage for which of the following perils?
Riot
Smoke
Glass breakage
Theft
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An unendorsed DP-3 policy does not provide coverage for which of the following exposures?
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The DP-3 Dwelling Form contains all of the following coverages EXCEPT:
Coverage B – Other Structures
Coverage A – Land
Coverage C – Personal Property
Coverage D – Fair Rental Value
Answer explanation
Coverage A is for the dwelling/structure, not for Land, land is never covered.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Vandalism and Malicious Mischief (VMM) is an optional coverage that can be added by endorsement to which policy?
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Jennifer owns a dwelling, and rents the detached garage to tenants. The premises are insured under a DP-3 with a limit of $100,000 for Coverage A. How much is the detached garage insured for if damaged by a covered claim?
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which coverage applies to the building described in the Dwelling’s policy Declarations?
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