Additional coverages Study guides, Class notes & Summaries

Virginia Property and Casualty Exam Prep (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: What is mysterious disappearance? Answer: Misplacement or loss of property without knowledge as to the location, time and cause of the loss Q: What are additional coverages available in Homeowners policies without additional premiums? Answer: Debris removal, lawns/plants/shrubs, and trees,removal, reasonable repairs, and fire department serv...

Texas All Lines Adjuster Exam LATEST ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ DP - valuation - CORRECT ANSWER DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - CORRECT ANSWER 20% of A DP - coverages (A-E) - CORRECT ANSWER A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional living expenses - CORRECT ANSWER DP-...

Texas All Lines Adjuster ExamDP - valuation - correct answer DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - correct answer 20% of A DP - coverages (A-E) - correct answer A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional living expenses - correct answer DP-1 - NONE DP-2/3 - 20% of A DP - Property removed is covered for ___ days. - correct an...

Distinguish between Covered Property and Property Not Covered under the Businessowners Coverage Form. CORRECT ANSWER-Covered: Buildings: Includes PP of landlord (common areas, furnished) Covers Bridges, Retaining Walls, Wharves, Docks Replacement Cost BPP: Includes Property of Others (in CCC) Exterior Building Glass Replacement Cost Not Covered: Money/Securities Fences, radios, antennas, towers, signs (detached) plants Installed computers (in vehicles etc) Electronic...

CIC Commercial Multi-line Exam Prep Questions with Complete Solutions Distinguish between Covered Property and Property Not Covered under the Businessowners Coverage Form. - Correct Answer Covered: Buildings: Includes PP of landlord (common areas, furnished) Covers Bridges, Retaining Walls, Wharves, Docks Replacement Cost BPP: Includes Property of Others (in CCC) Exterior Building Glass Replacement Cost Not Covered: Money/Securities Fences, radios, antennas, towers, s...

New York All Lines Adjuster Exam with 100% Correct Answers (Graded) DP - valuation - ANSWER-DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - ANSWER-20% of A DP - coverages (A-E) - ANSWER-A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional living expenses - ANSWER-DP-1 - NONE DP-2/3 - 20% of A DP - Property removed is covered for ___ days. - ANSWER-DP-...

California Adjuster PSI Exam Questions and Answers (100% Correct Answers) 2024 Which of the following is not a duty of an insurer in case of a loss? Conduct a thorough investigation Establish claim procedures and methods of documentation Acknowledge receipt of a claim in a timely fashion Separate the damaged property from the undamaged property and protect the property from further loss *correct answer*The correct answer is: Separate the damaged property from the undamaged property...

Property & Casualty (Arkansas) Abandonment Condition - correct answer States that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Absolute Liability - correct answer Imposed by law on those participating in certain activities that are considered especially hazardous; a person involved in such matters may be considered liable even if they weren't negligent. Accident - correct answer A loss that occurs at a specific time and place ...

Producer property & casualty license Abandonment Condition - correct answer A condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Absolute Liability - correct answer Type of liability imposed by law on those participating in certain activities that are considered especially hazardous; a person involved in such operations may be held liable for the damages of anothe...

New York All Lines Adjuster Exam with 100% Correct Answers (Graded A+) DP - valuation - ANSWER-DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - ANSWER-20% of A DP - coverages (A-E) - ANSWER-A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional living expenses - ANSWER-DP-1 - NONE DP-2/3 - 20% of A DP - Property removed is covered for ___ days. - ANSWER-...