CAIB 1 Chapter 3
Identify four perils that mobile homes are more susceptible to than conventional
homes—ANSWER--1. Fire
2. Windstorms
3. Hail
4. Transportation
Identify the purpose of "tie downs"—ANSWER--Secure the unit to the foundation so that
it remains stable during windstorms
Explain the purpose of "dent clause"—ANSWER--Excludes payment unless the exterior
siding has been actually torn or punctured by the storm
Identify 2 expenses included in the "Emergency Removal Expense" and state the
amount available.—ANSWER--1. Disconnecting water and power services
2. Towing or transporting costs
- Up to 5% of the amount of insurance on the dwelling can be used to pay for reasonable
expenses incurred in its removal from the site
Identify two exclusions to the Mobile Home Insurance Form (IBC 1157)—ANSWER--1.
Loss or damage caused by moving
, 2. Loss due to conversion, embezzlement or secretion by any person in possession of
the building
Identify 4 prospects for a Tenant's Package policy.—ANSWER--1. Those living in
apartments
2. Those renting a dwelling or portion of it
3. Those who as a part of their remuneration, receive the use of a dwelling
4. Owner(s) of a business who occupies private living quarters in a mercantile or
commercial building owned by the business
Identify 2 items normally insured within the definition of personal property.—ANSWER--
1. Appliances
2. Furniture
Define "condominium"—ANSWER--System of separate ownership of individual units in
a multiple unit building
Identify the 2 items that the Condominium Corporation is responsible to insure.—
ANSWER--1. The value of the building
2. The value of common elements
Identify 3 "common elements"—ANSWER--1. Parking area
2. Landscaping
3. Recreational areas
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
Identify four perils that mobile homes are more susceptible to than conventional
homes—ANSWER--1. Fire
2. Windstorms
3. Hail
4. Transportation
Identify the purpose of "tie downs"—ANSWER--Secure the unit to the foundation so that
it remains stable during windstorms
Explain the purpose of "dent clause"—ANSWER--Excludes payment unless the exterior
siding has been actually torn or punctured by the storm
Identify 2 expenses included in the "Emergency Removal Expense" and state the
amount available.—ANSWER--1. Disconnecting water and power services
2. Towing or transporting costs
- Up to 5% of the amount of insurance on the dwelling can be used to pay for reasonable
expenses incurred in its removal from the site
Identify two exclusions to the Mobile Home Insurance Form (IBC 1157)—ANSWER--1.
Loss or damage caused by moving
, 2. Loss due to conversion, embezzlement or secretion by any person in possession of
the building
Identify 4 prospects for a Tenant's Package policy.—ANSWER--1. Those living in
apartments
2. Those renting a dwelling or portion of it
3. Those who as a part of their remuneration, receive the use of a dwelling
4. Owner(s) of a business who occupies private living quarters in a mercantile or
commercial building owned by the business
Identify 2 items normally insured within the definition of personal property.—ANSWER--
1. Appliances
2. Furniture
Define "condominium"—ANSWER--System of separate ownership of individual units in
a multiple unit building
Identify the 2 items that the Condominium Corporation is responsible to insure.—
ANSWER--1. The value of the building
2. The value of common elements
Identify 3 "common elements"—ANSWER--1. Parking area
2. Landscaping
3. Recreational areas
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
