RMIN 5100S Exam 2 Questions and Answers 100% Solved

RMIN 5100S Exam 2 Questions and Answers 100% Solved 1. Types of property 2. Causes of loss to property 3. Financial consequences of property losses 3 considerations for commercial property loss exposures. 1. Real Property 2. Personal Property 2 types of property. Real Property Land & buildings, all property permanently attached to buildings, driveways, sidewalks, underground piping, etc, and plumbing, wiring, and HVAC. Personal Property All property that is not real property. 1. Contents 2. Property in Transit 3. Property in Possession of Others 4. Floating Property 4 personal property classifications. Contents Includes business personal property and property of others in the insured's care, custody, and control. Floating Property Property that does not remain fixed in one location. Business Personal Property Is usually covered.