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Dwelling Policy Questions with Detailed Verified
Answers
In which of the following situations would off-premises coverage in a broad theft
endorsement apply?
A The insured's live-in maid's quarters are burglarized.
B The insured's jewelry is stolen from her vacation home after she returns home.
C The insured's vacuum cleaner is stolen from her apartment.
D The insured's camera is stolen from his vacation home while he is there.
Ans: D The insured's camera is stolen from his vacation home while he is there.
correct! Off-premises coverage through a broad theft endorsement covers property
that is either owned or used by the insured when he or she is away from the described
premises.
The broad theft coverage endorsement on the dwelling form specifies all of the
following limitations EXCEPT
A $1,000 on silverware.
B $200 on money.
C $1,500 on securities.
D $1,500 on jewelry.
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Ans: A $1,000 on silverware.
correct! The limit on silverware is $2,500.
What is the maximum number of roomers or boarders for properties insured under
the dwelling policy?
A2
B3
C5
D6
Ans: C 5
Correct! Dwelling policies may insure a property that allows up to 5 roomers or
boarders.
Which of the following additional perils is covered under both the basic form and
broad form dwelling policies?
A Freezing of plumbing, heating, or air conditioning systems
B Internal explosion
C Falling objects
D Weight of ice, snow, or sleet
Ans: B Internal explosion
Correct! Internal explosion is included in all forms.
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If an insurer makes a change to broaden coverage in a dwelling policy while it is in
effect, the changes will apply
A Automatically.
B When the new policy is written.
C When the policy is up for renewal.
D Within 60 days.
Ans: A Automatically.
correct! Changes made to broaden coverage in a dwelling policy, if made while the
policy is in effect or 60 days before it goes into effect, will apply automatically and will
not need to be endorsed to the policy.
The limited theft endorsement is intended for which type of property?
A An apartment building in which the owner does not reside
B A building used for commercial purposes in which the owner operates a business
C A building used for commercial purposes which the owner rents to a business
D A house in which the owner resides
Ans: A An apartment building in which the owner does not reside
Correct! The limited theft endorsement is intended for property in which the owner
does not reside.
Under the Dwelling policy form, what is the maximum time limit during which
multiple volcanic activities would be considered part of one occurrence?
A 24 hours
B 36 hours
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C 48 hours
D 72 hours
Ans: D 72 hours
correct! All volcanic eruptions will be considered one occurrence if they occur within
one 72-hour period.
Under which of the following circumstances would an insurer be allowed to cancel a
dwelling policy midterm?
A The insured's claims have exceeded the amount of coverage.
B The insured wants to make suspicious increases to his or her coverage.
C The insured reached his or her limit on the number of claims.
D The insured knowingly lied about the year the property was constructed.
Ans: D The insured knowingly lied about the year the property was constructed.
Correct! The only way an insurer can cancel a policy midterm is if there has been a
misrepresentation of a material fact or if the risk has changed substantially from when
it was first insured.
Which of the following would be covered by the broad theft endorsement on a
dwelling policy?
A Fabric and patterns in a clothing designer's studio at her home
B An antique car
C A camera the insured has with him on vacation
D A pedigreed show dog
© Get it right 2025 Getaway - Stuvia US All rights reserved
Dwelling Policy Questions with Detailed Verified
Answers
In which of the following situations would off-premises coverage in a broad theft
endorsement apply?
A The insured's live-in maid's quarters are burglarized.
B The insured's jewelry is stolen from her vacation home after she returns home.
C The insured's vacuum cleaner is stolen from her apartment.
D The insured's camera is stolen from his vacation home while he is there.
Ans: D The insured's camera is stolen from his vacation home while he is there.
correct! Off-premises coverage through a broad theft endorsement covers property
that is either owned or used by the insured when he or she is away from the described
premises.
The broad theft coverage endorsement on the dwelling form specifies all of the
following limitations EXCEPT
A $1,000 on silverware.
B $200 on money.
C $1,500 on securities.
D $1,500 on jewelry.
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Ans: A $1,000 on silverware.
correct! The limit on silverware is $2,500.
What is the maximum number of roomers or boarders for properties insured under
the dwelling policy?
A2
B3
C5
D6
Ans: C 5
Correct! Dwelling policies may insure a property that allows up to 5 roomers or
boarders.
Which of the following additional perils is covered under both the basic form and
broad form dwelling policies?
A Freezing of plumbing, heating, or air conditioning systems
B Internal explosion
C Falling objects
D Weight of ice, snow, or sleet
Ans: B Internal explosion
Correct! Internal explosion is included in all forms.
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If an insurer makes a change to broaden coverage in a dwelling policy while it is in
effect, the changes will apply
A Automatically.
B When the new policy is written.
C When the policy is up for renewal.
D Within 60 days.
Ans: A Automatically.
correct! Changes made to broaden coverage in a dwelling policy, if made while the
policy is in effect or 60 days before it goes into effect, will apply automatically and will
not need to be endorsed to the policy.
The limited theft endorsement is intended for which type of property?
A An apartment building in which the owner does not reside
B A building used for commercial purposes in which the owner operates a business
C A building used for commercial purposes which the owner rents to a business
D A house in which the owner resides
Ans: A An apartment building in which the owner does not reside
Correct! The limited theft endorsement is intended for property in which the owner
does not reside.
Under the Dwelling policy form, what is the maximum time limit during which
multiple volcanic activities would be considered part of one occurrence?
A 24 hours
B 36 hours
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C 48 hours
D 72 hours
Ans: D 72 hours
correct! All volcanic eruptions will be considered one occurrence if they occur within
one 72-hour period.
Under which of the following circumstances would an insurer be allowed to cancel a
dwelling policy midterm?
A The insured's claims have exceeded the amount of coverage.
B The insured wants to make suspicious increases to his or her coverage.
C The insured reached his or her limit on the number of claims.
D The insured knowingly lied about the year the property was constructed.
Ans: D The insured knowingly lied about the year the property was constructed.
Correct! The only way an insurer can cancel a policy midterm is if there has been a
misrepresentation of a material fact or if the risk has changed substantially from when
it was first insured.
Which of the following would be covered by the broad theft endorsement on a
dwelling policy?
A Fabric and patterns in a clothing designer's studio at her home
B An antique car
C A camera the insured has with him on vacation
D A pedigreed show dog
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