Personal Lines - homeowner's Exam Questions And Answers 100% Pass
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Personal Lines
Institution
Personal Lines
Personal Lines - homeowner's Exam
Questions And Answers 100% Pass
What type of coverage is included in Section II of Homeowners insurance? - answerPersonal liability
coverage
What are additional coverages available in Homeowners policies without additional premium? (name
several) - answerDebri...
Personal Lines - homeowner's Exam
Questions And Answers 100% Pass
What type of coverage is included in Section II of Homeowners insurance? - answer✔Personal liability
coverage
What are additional coverages available in Homeowners policies without additional premium? (name
several) - answer✔Debris removal, lawns/plants/shrubs, and trees, removal, reasonable repairs, and fire
department service charge
Losses caused by vandalism and malicious mischief are excluded from coverage if a dwelling has been
vacant for how many days? - answer✔60 days
An insured with a Homeowners policy has removed property from the insured location to protect it from
loss that could be caused by a covered peril. The removal coverage applies for how many days? -
answer✔30 days
How is the coverage usually written for HO-8 forms? - answer✔For the market value of the property
What is mysterious disappearance? - answer✔Misplacement or loss of property without knowledge as
to the location, time and cause of the loss
In Homeowners policies, what determines the amount an insurer will pay under Coverage D? -
answer✔The amount of coverage on a dwelling
What is the maximum number of families per covered home that are allowed by Homeowners policies?
- answer✔4 families
What HO form covers a historic home with replacement cost more than the market value? -
answer✔HO-8 (modified homeowners)
Under the HO-4 and HO-6 policy forms, property is insured against what type of perils? -
answer✔Broad-form perils
In Homeowners policies, which coverage provides protection against an indirect or consequential loss? -
answer✔Coverage D - Loss of Use
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