NC Personal Lines 2025/2026 QUESTIONS AND ANSWERS
GUARANTEE A+
Declarations - basic information about the policy: names, addresses and amounts of coverage.
Insuring Agreement - Establishes insurance company obligations
Conditions - General rules/procedures
Inspections
Changes to policy
Contributory Negligence - Injured party completely free of fault
Personal Insurance Coverage - Purchased to protect insurer and family
Standard Fire Policy (SFP) - Named Peril
SFP Covered Perils - Fire
Lightning
Removal
Direct loss caused by NAMED perils
SFP Exclusion W - War
SFP Exclusion C - Civil Authority
SFP Exclusion N - Neglect
,SFP Exclusion T - Theft
SFP Exclusion H - Hazard Increase
SFP Exclusion V/O - Vacant (60 days)
Unoccupied (60 days)
In the event of a loss, signed proof of loss is required to be submitted within how many days? -
60
Is liability coverage provided with DP? - Liability coverage not included
Solely for residential purposes
Dwelling Policy Structure - Agreement
Definitions
Deductibles
Coverages/Other Coverages
Perils Insured
General Exclusions
Conditions
DP1 - Basic Form
Limited Coverage
DP1 - Named Peril
, DP1 - Fire
Lightning
Internal Explosion
WHARVES - Windstorm
Hail
Aircraft
Riot/Civil Commotion
Vehicles
Eruption
Smoke
DP2 - Broad Form
DP2 Coverage - Breakage of glass
DP2 Coverage - Explosion
DP2 Coverage - Damage by burglars
DP2 Coverage - Fallen objects
DP2 Coverage - Ice/snow/sleet weight
DP2 Coverage - Accidental discharge/overflow of water/steam
DP2 Coverage - Tearing/cracking/burning/bulging
GUARANTEE A+
Declarations - basic information about the policy: names, addresses and amounts of coverage.
Insuring Agreement - Establishes insurance company obligations
Conditions - General rules/procedures
Inspections
Changes to policy
Contributory Negligence - Injured party completely free of fault
Personal Insurance Coverage - Purchased to protect insurer and family
Standard Fire Policy (SFP) - Named Peril
SFP Covered Perils - Fire
Lightning
Removal
Direct loss caused by NAMED perils
SFP Exclusion W - War
SFP Exclusion C - Civil Authority
SFP Exclusion N - Neglect
,SFP Exclusion T - Theft
SFP Exclusion H - Hazard Increase
SFP Exclusion V/O - Vacant (60 days)
Unoccupied (60 days)
In the event of a loss, signed proof of loss is required to be submitted within how many days? -
60
Is liability coverage provided with DP? - Liability coverage not included
Solely for residential purposes
Dwelling Policy Structure - Agreement
Definitions
Deductibles
Coverages/Other Coverages
Perils Insured
General Exclusions
Conditions
DP1 - Basic Form
Limited Coverage
DP1 - Named Peril
, DP1 - Fire
Lightning
Internal Explosion
WHARVES - Windstorm
Hail
Aircraft
Riot/Civil Commotion
Vehicles
Eruption
Smoke
DP2 - Broad Form
DP2 Coverage - Breakage of glass
DP2 Coverage - Explosion
DP2 Coverage - Damage by burglars
DP2 Coverage - Fallen objects
DP2 Coverage - Ice/snow/sleet weight
DP2 Coverage - Accidental discharge/overflow of water/steam
DP2 Coverage - Tearing/cracking/burning/bulging
