NJ Property Producer Exam Questions with Answers 100% Correct || (2024) Certified!!!

Dwelling Policy - Only insures property DP-1 - Basic Form DP-2 - Broad Form DP-3 - Special Form Dwelling Coverage A - Dwelling- Covers dwelling, structures attached to dwelling, and materials/supplies for the dwelling. Dwelling Coverage B - Other Structures- Insures buildings on premise but separate from the dwelling. Dwelling Coverage C - Personal Property- Covers the insured's personal property and must be requested. If rental property, a tenant's property is not covered. Dwelling Coverage D - Fair Rental Value- Covers insured in the event a covered loss makes the rental portion of a property unfit for normal use. Dwelling Coverage E - Additional Living Expense- Included in DP-2 & DP-3 and pays for additional living expenses the i