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SPECIALTY DWELLING

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

Which product may not be eligible under the Specialty Dwelling Program?

a)
b)
c)
d)
2.

Which of the following is covered under Coverage C?

a)

Dwelling

b)

Personal Property

c)

Liability

d)

Other Structures

3.

TRUE or FALSE: If the insured's son breaks his arm while jumping off the porch, she can file a claim under MEDICAL PAYMENTS?

a)

TRUE

b)

FALSE

4.

TRUE or FALSE: Deductible is defined as a portion of a covered loss that is paid by the insurer.

a)

TRUE

b)

FALSE

5.

Personal Liability is coverage...

a)

F

b)

C

c)

B

d)

E

6.

TRUE or FALSE: The dwelling comprehensive endorsement covers other structures as well as the dwelling?

a)

TRUE

b)

FALSE

7.

Which of the following is not considered an Other Structure?

a)
b)
c)
d)
8.

TRUE or FALSE: An insured is able to schedule their precious jewels on a dwelling fire one or dwelling fire three?

a)

True

b)

False (Only available under Foremost Choice Homeowners and Tenant policies)

9.

Coverage that pays for additional costs incurred when the dwelling is unfit for use or being repaired is known as?

a)

Coverage A - Dwelling

b)

Coverage D - Additional Living Expense

c)

Coverage C - Personal Property

d)

Coverage B - Personal Property/Personal Effects

10.

TRUE or FALSE: On the Foremost Choice Homeowners and the Classic ACV policy there is comprehensive coverage on the dwelling and other structures.

a)

True

b)

False

11.

Which occupancy type is not available on the Dwelling Fire Three policy?

a)

Primary

b)

Secondary

c)

Rental

d)

Vacant

12.

Where can you find the available endorsements available on a DF3 Primary in Colorado?

a)

Policy Jacket

b)

Declarations Page

c)

State Guide

d)

KCS/SRM

13.

TRUE or FALSE: The effective date of the policy cannot be changed by endorsement once the policy has been issued.

a)

True

b)

False

14.

The Dwelling Fire One policy is ____________ peril, while the Dwelling Fire 4, Classic ACT and Foremost Choice Homeowners (Classic CL) is ______________ peril.

a)

named, comprehensive

b)

open, named

c)

comprehensive, named

d)

named, open

15.

In the state of Colorado, The Minimum Earned Premium on a VACANT policy is $_________?

a)

$250

b)

$75

c)

$0

d)

$100