Dwelling coverage b - Study guides, Class notes & Summaries

Which of the following correctly describes a principal difference between a dwelling policy and a homeowners policy? A.) A dwelling policy only covers the dwelling, other structures, personal property, fair rental value, and additional living expenses. It does not cover liability. B.) Both policies are almost identical, except that the homeowners policy focuses on the more expensive homes. C.) A dwelling policy requires that the owner occupy the dwelling. D.) Although any one- to four-fami...

Property and Casualty Insurance Exam – Georgia Questions and Answers 100% Pass BPP building coverage insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residence premi...

The only way to create an Xactimate estimate is through XactAnalysis. False With an Internet connection, you can download and upload a XactAnalysis assignment. True What are the steps in the 4-Step Estimating Process? 1.Claim Info 2.Sketch 3.Estimate Items 4.Complete It is mandatory to follow the 4-Step Estimating Process in its exact order. False At the fundamental level of learning, it is recommended to add or create a project from the Control Center tab. Fa...

New York All Lines Adjuster Exam with 100% Correct Answers (Graded) DP - valuation - ANSWER-DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - ANSWER-20% of A DP - coverages (A-E) - ANSWER-A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional living expenses - ANSWER-DP-1 - NONE DP-2/3 - 20% of A DP - Property removed is covered for ___ days. - ANSWER-DP-...

State Farm Fire Independent Policy Exam Select the false statement listed below: In the HO-3 policy, the ALE payments will be made only for: Select the single best answer: A. The shortest time necessary to repair or replace the damaged property, but not to exceed 24 months. B. If the insured does not rebuild, the time necessary for the insured to relocate in permanent living quarters, but not to exceed 24 months. C. ALE payments can run beyond the expiration of the policy. D. ALE payme...

Xactimate Level 1 Cert Knowledge Questions With 100% Correct Answers Verified. The only way to create an Xactimate estimate is through XactAnalysis. - False With an Internet connection, you can download and upload a XactAnalysis assignment. - True What are the steps in the 4-Step Estimating Process? - 1.Claim Info 2.Sketch 3.Estimate Items 4.Complete It is mandatory to follow the 4-Step Estimating Process in its exact order. - False At the fundamental level of learning, it is recommende...

Which type of cargo policy would cover a person who owns their own truck and hauls their own goods? a. truckers coverage form b. commercial articles floater c. motor truck cargo owners coverage form d. business auto policy - c. motor truck cargo owners coverage form An accounting firm discovers that someone has hacked into its records to steal the account numbers and routing numbers of its employees, and used these numbers to fraudulently draw funds from those accounts. Under which Commerci...

TEXAS ALL LINES ADJUSTER EXAM BRAND NEW!! (163 QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS The insured has filed a claim under the "Business Income Department Properties - Broad Form" because the primary buyer of products and services from the business has filed for bankruptcy under this form the primary buyers business would be known as - ANSWER A recipient location recipient location - ANSWER ...

Xactimate Level 1 Cert Knowledge Questions With 100% Correct Answers Verified. Xactimate Level 1 Cert The only way to create an Xactimate estimate is through XactAnalysis. - False With an Internet connection, you can download and upload a XactAnalysis assignment. - True What are the steps in the 4-Step Estimating Process? - 1.Claim Info 2.Sketch 3.Estimate Items 4.Complete It is mandatory to follow the 4-Step Estimating Process in its exact order. - False At the fundamental level of le...

New York All Lines Adjuster Exam with 100% Correct Answers (Graded A+) DP - valuation - ANSWER-DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - ANSWER-20% of A DP - coverages (A-E) - ANSWER-A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional living expenses - ANSWER-DP-1 - NONE DP-2/3 - 20% of A DP - Property removed is covered for ___ days. - ANSWER-...