C12 Insurance on Property - Chapter 10 Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

What Homeowners form covers all risks on all items? : Homeowners Broad form There are 15 definitions in the Homeowners Broad form that are the same as in the Homeowners Basic form. List these 15 terms. : 1. Business 2. Coverage Summary page 3. Data 4. Domestic Water Container 5. Dwelling 6. Ground Water 7. Insured 8. Premises 9. Residence Employee 10. Spouse 11. Surface Water 12. Terrorism 2 | P a g e 13. Watermain 14. We, us, or our 15. You or Your. How is the definition of 'vacant' in the Broad Form different from the definition in the Basic Form? : 1) All occupants have moved out with no intention of return, an no new occupants have taken up residence 2) in the case of newly constructed house, no occupant has yet taken up residence. Which perils in Coverage C of the Broad Form are the same as their counterparts under Insured Perils in the Basic Form? : -fire or lighting