Examfx property an - Study guides, Class notes & Summaries

1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - 2. Coverage by endorsement. 2. Personal business property out in the open is covered under Commercial Property Policy only while (Choose from the following options) 1. Within 150 feet of the described premises. 2. Within 100 feet of the described premises. 3....

1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - Answer- 2. Coverage by endorsement. 2. Personal business property out in the open is covered under Commercial Property Policy only while (Choose from the following options) 1. Within 150 feet of the described premises. 2. Within 100 feet of the de...

ExamFx: Property Exam Questions and Answers 100% CorrectExamFx: Property Exam Questions and Answers 100% CorrectExamFx: Property Exam Questions and Answers 100% CorrectExamFx: Property Exam Questions and Answers 100% Correct The main difference between an HO-4 and HO-6 is? A: HO-6 does not cover additional living expenses B: HO-4 provides limited dwelling coverage as well as contents coverage C: HO-6 provides limited dwelling coverage as well as contents coverage D: HO-4 does not cover ad...

ExamFx property and casualty | (976 Questions with 100% Correct Answers) 1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. - correct answer 2. Coverage by endorsement. 2. Personal business property out in the open is covered under Commercial Property Policy only while (Choose from the following options) 1. Wit...

An insured has four separate but identical policies written by different insurers to cover her $100,000 building. Each policy is written for $100,000, and each has the pro rata liability other insurance clause. In the event of a total loss to the building, what would each insurer pay? correct answer: Each policy will pay $25,000 of the loss. All of the following are conditions commonly found in the insurance policy EXCEPT correct answer: *insuring agreement A building is insured, but no ...

Property & Casualty – ExamFX Questions and Answers 100% Correct Property & Casualty – ExamFX Questions and Answers 100% Correct Property & Casualty – ExamFX Questions and Answers 100% Correct Property & Casualty – ExamFX Questions and Answers 100% Correct If an auto policy has split limits of 30/50/25, what is the maximum amount the policy will pay for injuries to one person in a single accident? - ANSWER-$30,000 - Split limits expressed as 30/50/25 would provide $30,000 covera...

ExamFx Property And Casualty QBank - Questions And Answers

Idaho Personal Lines Simulation &Guarantee ExamFX Questions and Answers 100% Correct Idaho Personal Lines Simulation &Guarantee ExamFX Questions and Answers 100% Correct Idaho Personal Lines Simulation &Guarantee ExamFX Questions and Answers 100% Correct An insured condominium unit owner wants to purchase fire and extended coverage for personal property and liability coverage for himself and his family members. He should purchase - ANSWER-HO-6 Which of the following best describes th...

Guarantee ExamFX, Idaho Personal Lines Simulation Exam Questions and Answers (Graded A)Guarantee ExamFX, Idaho Personal Lines Simulation Exam Questions and Answers (Graded A)Guarantee ExamFX, Idaho Personal Lines Simulation Exam Questions and Answers (Graded A)Guarantee ExamFX, Idaho Personal Lines Simulation Exam Questions and Answers (Graded A)In the last 72 hours, there were 3 instances of volcanic eruptions that damaged a property covered by a dwelling policy. How many deductibles will t...