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Dwelling Policy Questions with Detailed Verified
Answers
A house insured under a dwelling policy has been vacant for 70 consecutive days.
Which of the following statements is true?
Ans: Loss by vandalism and malicious mischief is excluded
The removal coverage that is included in the broad form dwelling policy will cover
property temporarily removed from the premises to protect it from damage for how
long?
Ans: 30 days
Which of the following is NOT true concerning the fair rental value coverage
provided in a dwelling policy?
Ans: Loss or expense caused by the cancellation of a lease is covered
Dwelling policy Coverage C - Personal Property will cover all of the following
EXCEPT...
Ans: Animals and birds
Both the broad theft and limited theft endorsements on the dwelling program exclude
all of the following types of property EXCEPT...
Ans: Watercraft
What is the maximum number of roomers or boarders for properties insured under
the dwelling policy?
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Ans: 5
If more than one person has an insurable interest in the property covered under a
dwelling policy,...
Ans: The insurer will be liable for only the insured's interest in the damaged property
Under a dwelling policy, which of the following is NOT a factor in determining a loss?
Ans: The amount negotiated by the insured
Under the dwelling policy, if an insurer chooses to repair or replace damaged or lost
property, it must inform the insured within how many days of receiving proof of loss?
Ans: 30 days
Which of the following dwelling coverage forms would pay replacement cost for the
dwelling?
Ans: DP-2 and DP-3
Under which of the following circumstances would an insurer be allowed to cancel a
dwelling policy midterm?
Ans: The insured knowingly lied about the year the property was constructed
The endorsement that provides coverage for losses arising from sudden collapse of
earth arising from underground limestone created by the action of water on rock
formations is a/an...
Ans: Sinkhole collapse endorsement
In a dwelling policy, which of the following other structures would be covered?
© Get it right 2025 Getaway - Stuvia US All rights reserved
Dwelling Policy Questions with Detailed Verified
Answers
A house insured under a dwelling policy has been vacant for 70 consecutive days.
Which of the following statements is true?
Ans: Loss by vandalism and malicious mischief is excluded
The removal coverage that is included in the broad form dwelling policy will cover
property temporarily removed from the premises to protect it from damage for how
long?
Ans: 30 days
Which of the following is NOT true concerning the fair rental value coverage
provided in a dwelling policy?
Ans: Loss or expense caused by the cancellation of a lease is covered
Dwelling policy Coverage C - Personal Property will cover all of the following
EXCEPT...
Ans: Animals and birds
Both the broad theft and limited theft endorsements on the dwelling program exclude
all of the following types of property EXCEPT...
Ans: Watercraft
What is the maximum number of roomers or boarders for properties insured under
the dwelling policy?
© Get it right 2025 Getaway - Stuvia US All rights reserved
, Click here for more: Scholars nexus
Ans: 5
If more than one person has an insurable interest in the property covered under a
dwelling policy,...
Ans: The insurer will be liable for only the insured's interest in the damaged property
Under a dwelling policy, which of the following is NOT a factor in determining a loss?
Ans: The amount negotiated by the insured
Under the dwelling policy, if an insurer chooses to repair or replace damaged or lost
property, it must inform the insured within how many days of receiving proof of loss?
Ans: 30 days
Which of the following dwelling coverage forms would pay replacement cost for the
dwelling?
Ans: DP-2 and DP-3
Under which of the following circumstances would an insurer be allowed to cancel a
dwelling policy midterm?
Ans: The insured knowingly lied about the year the property was constructed
The endorsement that provides coverage for losses arising from sudden collapse of
earth arising from underground limestone created by the action of water on rock
formations is a/an...
Ans: Sinkhole collapse endorsement
In a dwelling policy, which of the following other structures would be covered?
© Get it right 2025 Getaway - Stuvia US All rights reserved
