Section 1: Property Coverages Flashcards
1
Q
Under Coverage A, the dwelling must be insured to at least ____% of its replacement value to avoid a penalty
A
80%
2
Q
Coverage A does not cover vandalism or malicious mischief if the property has been vacant for ____ days
A
60
3
Q
How much does Coverage C provide for loss of business property away from premises?
A
$500
4
Q
The amount of insurance provided for Coverage C is ____% of Coverage A on a HO-3 form
A
50%
5
Q
Limit of insurance for Coverage D:
Coverage A for forms HO-2, HO-3, HO-5
A
30%
6
Q
Limit of insurance for Coverage D:
Coverage C for form HO-4
A
30%
7
Q
Limit of insurance for Coverage D:
Coverage C for form HO-6
A
50%
8
Q
Limit of insurance for Coverage D:
Coverage A for form HO-8
A
10%
