The homeowner - Study guides, Class notes & Summaries

Other structures are excluded from coverage under the HO-3 when they are: Smaller than 100 square feet or larger than 1,000 square feet Smaller than 100 square feet or larger than 500 square feet Used for storage purposes Used for business purposes correct answersUsed for business purposes is correct. EXPLANATION: When the other structures are used for business purposes they are not covered under the homeowner form. This structure and its contents could be covered under a commercial p...

Cheat Sheet - Property & Casualty Exam Questions and Answers 100% Pass What are the forms of homeowner policies? - Correct Answer ️️ -HO-2, HO-3, HO-4, HO-5, HO-6, HO-8. Each of these forms provides identical liability coverage. The property coverage varies with the homeowners form selected. The following is a list of the forms with the covered perils of each. HO-2 - Correct Answer ️️ -Broad form; owner occupant HO-3 - Correct Answer ️️ -Special Form; owner occupant HO-4 - Co...

Florida Insurance 20-44 Exam Study Questions and Answers 100% CorrectFlorida Insurance 20-44 Exam Study Questions and Answers 100% CorrectFlorida Insurance 20-44 Exam Study Questions and Answers 100% CorrectFlorida Insurance 20-44 Exam Study Questions and Answers 100% Correct insurance - ANSWER-________________ is a contract whereby one undertakes to indemnify another or pay or allow a specified amount or a determinable benefit upon determinable contingencies. casualty - ANSWER-_____________...

Mechanical Law Exam – Michigan Questions and Answers 100% Pass The Skilled Trades Regulation Act is also as: A. Act 192 of 1984 B. Act 230 of 1972 C. PA 407 of 2016 D. Mechanical Law Act C. PA 407 of 2016 339.5101 Act 407 of 2016 does not require a contractor of record in a facility that regularly employs a qualified maintenance crew __________________ A. for an association B. for a partnership C. for a college D. to perform work in that facility D. to perform work in th...

NRPP Radon Measurement Technician and Professional Questions and Answers Graded A+ What is the EPA action level for Radon? 4 pCi/L What is the risk of smokers and non-smokers getting lung cancer from Radon? 62/1000 smokers 7/1000 non smokers What determines the risk of getting lung cancer from Radon? Concentration of Radon and RDPs and Length of Exposure Hoe does Radon enter the home? Radon gas moves through the ground due to air pressure differentials in the home, and up int...

The homeowner - ANSWERis responsible to take the necessary steps to preserve and protect their property from further damage Four principles of water damage restoration: - ANSWERProvide for health and safety of workers and occupants; Document everything; Mitigate, and Dry Four principles of drying - ANSWERExtract, Evaporate, dehumidify, control temp Extraction - ANSWERis removing excess water and is the first step in mitigation Evaporation - ANSWERis achieved by using energy (heat) to...

Maryland Home Improvement Test Exam Practice EXAM LATEST ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A Define home improvement - CORRECT ANSWER The addition, alteration, conversion, improvement, modernization, remodeling, repair or replacement of a building or part of a building that is used or was designed to be used as a residence or dwelling place or structure adjacent to that building or an improvement to land adjacent to that building Is a bu...

PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called ️ a contract Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probabl...

Arizona Adjuster - Property & Casualty Exam Simulator - Series 13-36 Questions And Answers Arizona Adjuster - Property & Casualty Exam Simulator - Series 13-36 Questions And Answers

Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests - D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests on working out thei...