STATE FARM FIRE DEFINITION TERMS 2025/2026
QUESTIONS WITH ANSWERS GRADED A+
✔✔(CONDO UNITOWNERS) Section 1 "property coverage"
-Coverage D - ✔✔Loss assessment: may provide coverage to pay for your share of any
assessment charges against all unitowners by the association for a covered loss
✔✔(CONDO UNITOWNERS) Section 2 "liability coverage"
-Coverage L - ✔✔personal liability similar to the homeowner's policy
✔✔(CONDO UNITOWNERS) Section 2 "liability coverage"
-Coverage M - ✔✔Medical payments to others
✔✔(RENTERS) Section 1 "property coverage"
-Coverage B - ✔✔personal property ( named perils similar to the homeowner's policy)`
✔✔(RENTERS) Section 1 "property coverage"
-Coverage C - ✔✔Loss of use (similar to the homeowner's policy)
✔✔(RENTERS) Section 2 "liability coverage"
-Coverage L - ✔✔personal liability
✔✔(RENTERS) Section 2 "liability coverage"
-Coverage M - ✔✔medical payments to others
✔✔(RENTAL DWELLING) Section 1 "your property"
-Coverage A - ✔✔Dwelling: coverage for accidental direct physical loss for weather and
nonweather unless otherwise excluded in the policy
✔✔(RENTAL DWELLING) Section 1 "your property"
-Coverage B - ✔✔Personal property: coverage for accidental direct physical loss
(ADPL) for weather and non-weather unless otherwise excluded in the policy
✔✔(RENTAL DWELLING) Section 1 "your property"
-Coverage C - ✔✔Loss of rents: to reimburse you for the fair rental value lost if your
rental dwelling is damaged by a loss insured that causes that part of their residence
premises rented to others to become uninhabitable
✔✔(RENTAL DWELLING) Section 2 "your liability"
-Coverage L - ✔✔Business liability: to protect you financially against liability
✔✔(RENTAL DWELLING) Section 2 "your liability"
-Coverage M - ✔✔Premises medical payments
, ✔✔State Farm HO insurance is designed for........ - ✔✔a onw or two family dwelling by
the owner and used principally as a private residence
✔✔How much of a discount on your auto policy does SF allow when you also have your
home insured? - ✔✔12%
✔✔How much does SF Florida have in reserves? - ✔✔$2 billion, more than any other
carrier in the market today
✔✔State Farm covers your ____________ in the event of a hurricane - ✔✔Fence
✔✔SF provides increased dwelling protection __________ over the insured value -
✔✔20%
✔✔What part of a home does SF cover in the event of a hurricane that no other insurer
does? - ✔✔Pool cage
✔✔SF provides back up of sewers and drains for less than ___________ - ✔✔$20
annually
✔✔SF provides increased liability limits over $100k, up to __________ of protection ` -
✔✔$1 million
✔✔What is SF's personal property coverage amount? - ✔✔75% of dwelling as opposed
to 50%with most other insurers
✔✔What is SF'S additional living expense? - ✔✔24 months and 25% of what your home
is insured for
✔✔SF's animal liability - ✔✔for any breed
✔✔4 Point inspection - ✔✔-roof
-electrical
-plumbing
-HVAC
✔✔4 point inspections are required for - ✔✔HO-3 QND DP-3 over 30 years old
✔✔4 point inspections are not required for - ✔✔HO-4 and HO-6's regardless of their
age
QUESTIONS WITH ANSWERS GRADED A+
✔✔(CONDO UNITOWNERS) Section 1 "property coverage"
-Coverage D - ✔✔Loss assessment: may provide coverage to pay for your share of any
assessment charges against all unitowners by the association for a covered loss
✔✔(CONDO UNITOWNERS) Section 2 "liability coverage"
-Coverage L - ✔✔personal liability similar to the homeowner's policy
✔✔(CONDO UNITOWNERS) Section 2 "liability coverage"
-Coverage M - ✔✔Medical payments to others
✔✔(RENTERS) Section 1 "property coverage"
-Coverage B - ✔✔personal property ( named perils similar to the homeowner's policy)`
✔✔(RENTERS) Section 1 "property coverage"
-Coverage C - ✔✔Loss of use (similar to the homeowner's policy)
✔✔(RENTERS) Section 2 "liability coverage"
-Coverage L - ✔✔personal liability
✔✔(RENTERS) Section 2 "liability coverage"
-Coverage M - ✔✔medical payments to others
✔✔(RENTAL DWELLING) Section 1 "your property"
-Coverage A - ✔✔Dwelling: coverage for accidental direct physical loss for weather and
nonweather unless otherwise excluded in the policy
✔✔(RENTAL DWELLING) Section 1 "your property"
-Coverage B - ✔✔Personal property: coverage for accidental direct physical loss
(ADPL) for weather and non-weather unless otherwise excluded in the policy
✔✔(RENTAL DWELLING) Section 1 "your property"
-Coverage C - ✔✔Loss of rents: to reimburse you for the fair rental value lost if your
rental dwelling is damaged by a loss insured that causes that part of their residence
premises rented to others to become uninhabitable
✔✔(RENTAL DWELLING) Section 2 "your liability"
-Coverage L - ✔✔Business liability: to protect you financially against liability
✔✔(RENTAL DWELLING) Section 2 "your liability"
-Coverage M - ✔✔Premises medical payments
, ✔✔State Farm HO insurance is designed for........ - ✔✔a onw or two family dwelling by
the owner and used principally as a private residence
✔✔How much of a discount on your auto policy does SF allow when you also have your
home insured? - ✔✔12%
✔✔How much does SF Florida have in reserves? - ✔✔$2 billion, more than any other
carrier in the market today
✔✔State Farm covers your ____________ in the event of a hurricane - ✔✔Fence
✔✔SF provides increased dwelling protection __________ over the insured value -
✔✔20%
✔✔What part of a home does SF cover in the event of a hurricane that no other insurer
does? - ✔✔Pool cage
✔✔SF provides back up of sewers and drains for less than ___________ - ✔✔$20
annually
✔✔SF provides increased liability limits over $100k, up to __________ of protection ` -
✔✔$1 million
✔✔What is SF's personal property coverage amount? - ✔✔75% of dwelling as opposed
to 50%with most other insurers
✔✔What is SF'S additional living expense? - ✔✔24 months and 25% of what your home
is insured for
✔✔SF's animal liability - ✔✔for any breed
✔✔4 Point inspection - ✔✔-roof
-electrical
-plumbing
-HVAC
✔✔4 point inspections are required for - ✔✔HO-3 QND DP-3 over 30 years old
✔✔4 point inspections are not required for - ✔✔HO-4 and HO-6's regardless of their
age
