Ch. 5 Dwelling Policy Exam Questions
With Already Solved Correctly Answers
2025
Under the Dwelling program, which Other Coverage is not included on the Basic Form?
A
Improvements, Alterations, and Additions
B
Trees, Shrubs, and Other Plants
C
Worldwide Coverage
D
Property Removed CORRECT ANSWERS B
Trees, Shrubs, and Other Plants
Which of the following perils is not covered under the Extended Coverage Endorsement
to the DP-1?
A
Riot or civil commotion
B
Explosion
C
Damage by burglars
D
Smoke CORRECT ANSWERS C
Damage by burglars
Coverage D of a Dwelling policy covers which of the following losses?
A
Damage to a swimming pool
B
Additional living expenses after a covered loss
C
Access prevented by a civil authority because of a neighboring location's direct loss by
a peril covered under the insured's policy
D
Loss of rental income due to the cancellation of a lease CORRECT ANSWERS C
Access prevented by a civil authority because of a neighboring location's direct loss by l
covered under the insured's policy
In the Dwelling Program, the Basic Form differs from the Special Form in that:
,A
Only the Special Form offers coverage for other structures on an open perils basis
B
Only the Basic Form provides coverage for additional living expenses
C
Only the Basic Form settles losses to personal property on an actual cash value basis
D
Only the Special Form provides coverage for the loss of fair rental value CORRECT
ANSWERS A
Only the Special Form offers coverage for the other structures on an open perils basis
Policyholder M insures an owner-occupied, single-family residence under a Special
Form Dwelling Policy (DP-3) with a limit of $100,000. If the dwelling is damaged in a
fire, what policy coverage will pay for M's extra costs to stay in a motel and board M's
pets while the fire damage is being repaired?
A
Coverage B
B
Coverage C
C
Coverage D
D
Coverage E CORRECT ANSWERS D
Coverage E
K owns a rental property that is insured on a Basic Form Dwelling policy with Extended
Coverage and VMM. Which of the following best describes how theft is covered by the
policy?
A
K must purchase the Limited Theft Coverage Endorsement to have theft coverage
B
Theft coverage is included with the Extended Coverage perils
C
The Dwelling Program is never able to insure against theft
D
K must purchase the Broad Theft Coverage Endorsement to have theft coverage
CORRECT ANSWERS A
K must purchase the Limited Theft Coverage Endorsement to have theft coverage
Which of the following is true regarding Coverage A under a Dwelling policy?
A
Coverage A would protect a detached carport
, B
Coverage is not included for wind loss to television antennas
C
Coverage for land is restricted to the land upon which the dwelling is sitting
D
Outdoor equipment is not covered CORRECT ANSWERS B
Coverage is not included for wind loss to television antennas
Which of the following losses would be covered under the DP-1?
A
Collapse caused by insect damage
B
Damage caused by a backup of the sewer pipes
C
Fire damage to building materials on the insured premises
D
Land subsidence of the insured's land CORRECT ANSWERS C
Fire damage to building materials on the insured premises
The Personal Liability Supplement provides all of the following coverages, except:
A
Medical payments coverage
B
Damage to the property of others coverage
C
Bodily injury liability coverage
D
Personal injury liability coverage CORRECT ANSWERS D
Personal injury liability coverage
All of the following are eligible for coverage under the Dwelling Program, except:
A
A beauty shop with a small bedroom attached
B
A duplex occupied by tenants
C
A single-family home in the suburbs
D
A vacation home used as a secondary residence CORRECT ANSWERS A
A beauty shop with a small bedroom attached
Under a Broad Form Dwelling policy, losses to an unattached garage are paid on which
basis?
With Already Solved Correctly Answers
2025
Under the Dwelling program, which Other Coverage is not included on the Basic Form?
A
Improvements, Alterations, and Additions
B
Trees, Shrubs, and Other Plants
C
Worldwide Coverage
D
Property Removed CORRECT ANSWERS B
Trees, Shrubs, and Other Plants
Which of the following perils is not covered under the Extended Coverage Endorsement
to the DP-1?
A
Riot or civil commotion
B
Explosion
C
Damage by burglars
D
Smoke CORRECT ANSWERS C
Damage by burglars
Coverage D of a Dwelling policy covers which of the following losses?
A
Damage to a swimming pool
B
Additional living expenses after a covered loss
C
Access prevented by a civil authority because of a neighboring location's direct loss by
a peril covered under the insured's policy
D
Loss of rental income due to the cancellation of a lease CORRECT ANSWERS C
Access prevented by a civil authority because of a neighboring location's direct loss by l
covered under the insured's policy
In the Dwelling Program, the Basic Form differs from the Special Form in that:
,A
Only the Special Form offers coverage for other structures on an open perils basis
B
Only the Basic Form provides coverage for additional living expenses
C
Only the Basic Form settles losses to personal property on an actual cash value basis
D
Only the Special Form provides coverage for the loss of fair rental value CORRECT
ANSWERS A
Only the Special Form offers coverage for the other structures on an open perils basis
Policyholder M insures an owner-occupied, single-family residence under a Special
Form Dwelling Policy (DP-3) with a limit of $100,000. If the dwelling is damaged in a
fire, what policy coverage will pay for M's extra costs to stay in a motel and board M's
pets while the fire damage is being repaired?
A
Coverage B
B
Coverage C
C
Coverage D
D
Coverage E CORRECT ANSWERS D
Coverage E
K owns a rental property that is insured on a Basic Form Dwelling policy with Extended
Coverage and VMM. Which of the following best describes how theft is covered by the
policy?
A
K must purchase the Limited Theft Coverage Endorsement to have theft coverage
B
Theft coverage is included with the Extended Coverage perils
C
The Dwelling Program is never able to insure against theft
D
K must purchase the Broad Theft Coverage Endorsement to have theft coverage
CORRECT ANSWERS A
K must purchase the Limited Theft Coverage Endorsement to have theft coverage
Which of the following is true regarding Coverage A under a Dwelling policy?
A
Coverage A would protect a detached carport
, B
Coverage is not included for wind loss to television antennas
C
Coverage for land is restricted to the land upon which the dwelling is sitting
D
Outdoor equipment is not covered CORRECT ANSWERS B
Coverage is not included for wind loss to television antennas
Which of the following losses would be covered under the DP-1?
A
Collapse caused by insect damage
B
Damage caused by a backup of the sewer pipes
C
Fire damage to building materials on the insured premises
D
Land subsidence of the insured's land CORRECT ANSWERS C
Fire damage to building materials on the insured premises
The Personal Liability Supplement provides all of the following coverages, except:
A
Medical payments coverage
B
Damage to the property of others coverage
C
Bodily injury liability coverage
D
Personal injury liability coverage CORRECT ANSWERS D
Personal injury liability coverage
All of the following are eligible for coverage under the Dwelling Program, except:
A
A beauty shop with a small bedroom attached
B
A duplex occupied by tenants
C
A single-family home in the suburbs
D
A vacation home used as a secondary residence CORRECT ANSWERS A
A beauty shop with a small bedroom attached
Under a Broad Form Dwelling policy, losses to an unattached garage are paid on which
basis?
