Property Inspector Certification Exam Questions And Answers 100% Pass
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Course
Property Inspector Certification
Institution
Property Inspector Certification
Property Inspector Certification Exam
Questions And Answers 100% Pass
Shotgun Home - answerName this home design
Riser - answer__________(vertical part of a step) height can't be more than 7 3/4 inches or less
than 4 inches.
Personal Lines insurance - answerprotects individuals and families ag...
Property Inspector Certification Exam
Questions And Answers 100% Pass
Shotgun Home - answer✔Name this home design
Riser - answer✔__________(vertical part of a step) height can't be more than 7 3/4 inches or less
than 4 inches.
Personal Lines insurance - answer✔protects individuals and families against financial losses
caused by perils such as fire, theft, accidents, and natural calamities like sickness and death.
Personal lines products - answer✔Homeowners, renters insurance, car insurance, disability
insurance, health and life insurance.
Homeowners policy - answer✔A package policy that covers both property and liability coverage
together. It protects the policyholder from most of the losses associated with owning or renting a
home.
Homes - answer✔Most likely a person's biggest investment and their primary asset. The bank
can take it as collateral for mortgage if not paid.
Homeowners Policy - answer✔Damage from earthquakes, mudslides and floods is excluded
from a standard _____________. Any external situations affecting the home (like water back-up
from an outside sewer, or damage from rising ground water or wear and tear or damage caused
by rodents/insects) will not be covered for the damage.
Contents coverage - answer✔Subject to agreed to dollar amounts. Types of property like large
amounts of cash, furs, fine arts/jewelry, and personal collections, are covered only to certain
dollar limits.
HO-3 policy - answer✔For townhomes and single family dwellings, this provides coverage to
the dwelling and other structures on an open perils basis. The insured is protected from any loss
of a specific event that directly causes damage to the property.
HO-6 (Condo insurance) - answer✔These owners and renters can take out policies to cover
personal property. It also protects against certain building losses not covered by the -------
association policy, including any altercations to the original unit. The owner does not own the
outside of the structure.
Mobile Home Policies - answer✔These do not have as much as coverage as homeowner's policy.
The Underwriting process - answer✔accomplished by reviewing and evaluating information
about an applicant and applying what is known of the individual against the insurer's standards
and guidelines for insurability and premium rates. Information includes, value, age, construction,
upkeep, protection, occupancy, use, location, natural occurrences, and personal factors.
Value - answer✔The cost of replacing a home is a prime factor when underwriting a
homeowner's policy and determining the premium basis. Personal line inspectors are not
expected to know market or replacement costs.
Age of Home - answer✔Property records, like a deed, determine the_________
Multi-story Victorian architecture - answer✔Has curved towers and other ornate features, but
dates back to the mid-1800s through the early 1900s.
Asphalt siding - answer✔dates back from the 1930s to about 1960
Wavy bottom-edged asbestos siding - answer✔Introduced by Sear in 1938
Insulbrick - answer✔A fibreboard sheathing asbestos material that was a popular replacement
siding until aluminum and vinyl siding became available in the late 1950s. The wood underneath
usually has carpenter ants.
Electric systems - answer✔Newer homes are generally less susceptible to fire and other damage
than older ones. Pre 1940 homes will often have knob and tube wiring (black fabric covered
wiring supported by white porcelain insulators), which lacks a proper ground.
Branch Aluminum wiring - answer✔Homes built during the mid 1960s into the 1970s frequently
had_________, which can also lead to fires without supervision.
Amp electrical service - answer✔Homes before 1950 commonly only had 60 ________, which is
not too useful for modern homes. Because there's more electrical equipment (like air
conditioners, hair dryers, etc.) modern homes usually have around 200 ________.
Galvanized piping - answer✔Previously was exclusively used for water supply and distribution
piping in homes in the 1950s. Copper piping became a standard in the early 1960s. It's prone to
eventual rusting and sediment build up on the inside. Leaks occur and its lifespan is
approximately 40-50 years. any galvanized piping today is reason for an underwriting concern.
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