Chapter 7. Dwelling Insurance

10 Questions | Total Attempts: 2109

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Insurance Quizzes & Trivia

A Dwelling policy provides protection for individuals and families against loss to their dwelling and personal property.


Questions and Answers
  • 1. 
    Which of the following could not be covered under a Dwelling policy?
    • A. 

      A mobile home that is not permanently located

    • B. 

      A single family home that is under construction

    • C. 

      A three-unit townhouse

    • D. 

      A home that is rented to another person

  • 2. 
    Which of the following coverage provisions would not be found in an unendorsed Dwelling policy form?
    • A. 

      Dwelling

    • B. 

      Other structures

    • C. 

      Liability

    • D. 

      Personal property

  • 3. 
    Which of these items of personal property would be covered under a Dwelling policy when Coverage C is written?
    • A. 

      A motorcycle

    • B. 

      A pet poodle

    • C. 

      A pool table

    • D. 

      A sailboat

  • 4. 
    A Basic Dwelling policy form automatically provides coverage for losses caused by each of the following perils except which one?
    • A. 

      Fire

    • B. 

      Lightning

    • C. 

      Internal explosion

    • D. 

      Vandalism and malicious mischief

  • 5. 
    The Special Dwelling policy form provides which of the following?
    • A. 

      Basic coverage for the dwelling and broad coverage for personal property

    • B. 

      Broad coverage for the dwelling and basic coverage for personal property

    • C. 

      Open peril coverage for the dwelling and broad coverage for personal property

    • D. 

      Open peril coverage for both the dwelling and personal property

  • 6. 
    Under which of the Dwelling policy forms may the insured be reimbursed for the replacement cost when the dwelling is destroyed?
    • A. 

      All Dwelling forms

    • B. 

      The Basic form only

    • C. 

      The Broad and Special forms

    • D. 

      The Special form only

  • 7. 
    An insured has a DP-3 covering a home that has a replacement value of $100,000. The insured carries $60,000 of insurance. Following a loss, the determined is made that it would cost $12,000 to replace the damaged portion of the home. How much could the insured collect, assuming the ACV of the loss is $6,000?
    • A. 

      $12,000

    • B. 

      $9,000

    • C. 

      $6,000

    • D. 

      Nothing

  • 8. 
    Which of the following would not be covered under Coverage A or Coverage B of a Dwelling policy?
    • A. 

      A storage shed 100 feet in back of the insured's dwelling where she keeps various yard tools

    • B. 

      A detached garage that has been altered to house a manufacturing operation

    • C. 

      A stack of lumber placed at the edge of the insured's property that will be used to construct a storage shed

    • D. 

      A water heater located in the insured's attached garage

  • 9. 
    The Johnsons' home is covered by a Special Dwelling policy. When a fire damages the home, the family is forced to stay at a motel for a month while repairs are made. What coverage might reimburse them for these expenses?
    • A. 

      Dwelling coverage

    • B. 

      Additional living expenses

    • C. 

      Personal property coverage

    • D. 

      Fair rental value coverage

  • 10. 
    Myrtle has a Dwelling policy with Broad Theft coverage applicable both on and off her premises. Which of the following theft losses would be covered?
    • A. 

      A $400 handgun taken from a bureau in her home

    • B. 

      Theft of personal property owned by a boarder who rents a room in Myrtle's home

    • C. 

      Two credit cards taken from her desk in her home

    • D. 

      A tape player removed from the dashboard of her car that was parked in her garage

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