Which homeowners policy is not designed for owner-occupied dwellings?

In a dwelling policy, which of the following other structures would be covered?

All of the following are special personal property limits under a homeowners policy EXCEPT?

Can a warranty be valid and enforced if not specifically written out in the contract?

Which of the following statements about personal liability coverage (Coverage E) of an unendorsed HO-3 homeowners policy is true?

The term for an insurance company that is not backed by a state government is called:

.A condominium owner installed wall-to-wall carpeting over the hardwood floors in their unit. If there was a total loss, the carpeting would be covered as

A home buyer learns they need to get insurance on the home they are buying before the closing. They apply for a policy and learn that the policy may not issue until a week or so after the closing. What document would the insurance agent give the customer to show proof of homeowner insurance on the date of the closing?

An applicant for a DP-3 landlord policy told the insurance agent their rental property was rented on a long-term lease. An insurance investigation showed that the property had been vacant for a year. What is the insurance term for the insured's actions?

A homeowner wanted insurance to cover a potential water backup in their basement. What would they need to do to get this type of coverage?

___________ refers to what had the most significant impact in causing the loss, when two or more perils, independently, bring about the loss at the same time. It also considers whether the insured peril caused it.

Covered costs under a liability policy aside from the costs paid for any injuries or damages are:

Michelle, who lives in a subdivision with a Homeowners' Association, had a large living oak tree blow down in a windstorm and damage her neighbor's Porsche. She has an unendorsed Special Form HO-3 homeowners' policy and a $1 million-dollar personal umbrella policy. Under which policy can the neighbor expect to find coverage for his loss?

Something that might increase the likelihood that a loss will occur is called a:

A device that is used to minimize small claims and lower premiums is called a(n):

Another name for compensatory damages is:

Rex has a personal auto policy with bodily injury liability limits of $100,000 per person, $300,000 per accident, and property damage limit of $100,000. His personal umbrella policy has a limit of $1,000,000 and requires underlying auto limits to be $250,000 per person, $500,000 per accident for bodily injury, and $100,000 for property damage. Rex is found negligent in a car accident. The jury awards the plaintiff a total of $950,000 in damages, of which $150,000 were for the claimant's 2018 Bentley automobile. How much will the umbrella pay for this loss?

Jeff Smith has a personal auto policy. Select the coverage that would apply when a deer leaps in front of his car and causes damage.

A hazard where a party protected from risk acts differently than if they did not have protection is called what?

All of the following are basic perils covered under all Homeowners' policies except:

Which of the following statements about DP-3 policies is false?

A homeowner owns a 100-year-old log cabin in the woods with no electricity, heating, air conditioning, or plumbing. The home is in reasonably good condition and it is owner-occupied. The owner gets water from an outdoor pump and uses an outhouse. The home has a wood-burning stove for heat. What type of homeowner policy is appropriate for this home?

A driver swerved to avoid hitting a car that was backing out of a parking lot and hit a telephone pole. The driver and one of the passengers took an ambulance to the emergency room to be treated for minor injuries. What part of a personal auto insurance policy would respond to the loss concerning injuries?

George's rental home is covered under a basic dwelling form DP-1 policy. The weight of snow and ice causes $15,000 of damage to his roof, $10,000 of damage to his interior walls, and $2,000 of damage to the tenants' contents. George has a $1,000 deductible. What is the total dollar amount of damage covered under his policy?