Dwelling Questions and Answers
1. A basic dwelling policy automatically provides coverage against fire, lightning, and
1. Internal explosion.
2. Windstorm.
3. Riot.
4. Smoke. - ANS-1. Internal explosion.
2. Reasoning
The other three perils are part of the extended coverages that may be added to the basic
form for an additional premium.
A house insured under a dwelling policy has been vacant for 70 consecutive days.
Which of the following statements is true?
1. Loss by vandalism and malicious mischief is excluded.
2. Loss by theft is covered.
3. Damage to glass building blocks is not covered.
4. Glass breakage as a result of vandalism is covered. - ANS-1. Loss by vandalism
and malicious mischief is excluded.
3. Reasoning
After vacancy for more than 60 consecutive days, vandalism and malicious mischief
(VMM) coverage is
excluded under a dwelling policy.
All of the following are characteristics of the dwelling policy EXCEPT
1. The dwelling must be owner-occupied.
2. Coverage includes the dwelling only, contents only, or both.
3. Incidental occupancy of limited service-type exposure is permitted.
4. Dwellings up to four family units are eligible. - ANS-1. The dwelling must be
owner-occupied.
4. Reasoning
Dwelling policies insure residential exposures with only limited service-type business
exposures allowed. The dwelling can be completed or under construction, and can be
owner- or tenant-occupied. The dwelling policy can insure the dwelling only, contents
only, or both.
All of the following are exclusions that apply in all three types of Dwelling Policies
EXCEPT
1. Government action
, 2. Water damage
3. Earth movement
4. Fire or lightning - ANS-4. Fire or lightning
5. Reasoning
Fire and lightning is covered in all policy forms. All the other answer choices are
exclusions.
All of the following are other coverages included in both the broad and special form
dwelling policy EXCEPT
1. Collapse.
2. Theft of personal property.
3. Lawns, trees, shrubs, and plants.
4. Breakage of glass. - ANS-2. Theft of personal property.
6. Reasoning
Theft of personal property can only be included by endorsement.
All of the following are other coverages under the dwelling policy EXCEPT
1. Debris removal.
2. Improvements, alterations, and additions.
3. Other structures.
4. Earth movement. - ANS-4. Earth movement.
7. Reasoning
Earth movement is not included in the other coverages of the dwelling policy.
All of the following are perils covered under the broad form dwelling policy EXCEPT
1. Theft.
2. Collapse.
3. Fire.
4. Lightning. - ANS-1. Theft.
8. Reasoning
Theft is not a peril named in the policy.
All of the following would be eligible for coverage under the dwelling policy EXCEPT
1. A duplex with one primary owner.
2. A dwelling in the course of construction.
3. A tenant-occupied dwelling.
4. A house that has 5 residential units. - ANS-4. A house that has 5 residential units.
9. Reasoning
To be eligible for a dwelling policy, a dwelling can only have up to 4 residential units.
1. A basic dwelling policy automatically provides coverage against fire, lightning, and
1. Internal explosion.
2. Windstorm.
3. Riot.
4. Smoke. - ANS-1. Internal explosion.
2. Reasoning
The other three perils are part of the extended coverages that may be added to the basic
form for an additional premium.
A house insured under a dwelling policy has been vacant for 70 consecutive days.
Which of the following statements is true?
1. Loss by vandalism and malicious mischief is excluded.
2. Loss by theft is covered.
3. Damage to glass building blocks is not covered.
4. Glass breakage as a result of vandalism is covered. - ANS-1. Loss by vandalism
and malicious mischief is excluded.
3. Reasoning
After vacancy for more than 60 consecutive days, vandalism and malicious mischief
(VMM) coverage is
excluded under a dwelling policy.
All of the following are characteristics of the dwelling policy EXCEPT
1. The dwelling must be owner-occupied.
2. Coverage includes the dwelling only, contents only, or both.
3. Incidental occupancy of limited service-type exposure is permitted.
4. Dwellings up to four family units are eligible. - ANS-1. The dwelling must be
owner-occupied.
4. Reasoning
Dwelling policies insure residential exposures with only limited service-type business
exposures allowed. The dwelling can be completed or under construction, and can be
owner- or tenant-occupied. The dwelling policy can insure the dwelling only, contents
only, or both.
All of the following are exclusions that apply in all three types of Dwelling Policies
EXCEPT
1. Government action
, 2. Water damage
3. Earth movement
4. Fire or lightning - ANS-4. Fire or lightning
5. Reasoning
Fire and lightning is covered in all policy forms. All the other answer choices are
exclusions.
All of the following are other coverages included in both the broad and special form
dwelling policy EXCEPT
1. Collapse.
2. Theft of personal property.
3. Lawns, trees, shrubs, and plants.
4. Breakage of glass. - ANS-2. Theft of personal property.
6. Reasoning
Theft of personal property can only be included by endorsement.
All of the following are other coverages under the dwelling policy EXCEPT
1. Debris removal.
2. Improvements, alterations, and additions.
3. Other structures.
4. Earth movement. - ANS-4. Earth movement.
7. Reasoning
Earth movement is not included in the other coverages of the dwelling policy.
All of the following are perils covered under the broad form dwelling policy EXCEPT
1. Theft.
2. Collapse.
3. Fire.
4. Lightning. - ANS-1. Theft.
8. Reasoning
Theft is not a peril named in the policy.
All of the following would be eligible for coverage under the dwelling policy EXCEPT
1. A duplex with one primary owner.
2. A dwelling in the course of construction.
3. A tenant-occupied dwelling.
4. A house that has 5 residential units. - ANS-4. A house that has 5 residential units.
9. Reasoning
To be eligible for a dwelling policy, a dwelling can only have up to 4 residential units.
