Dwelling - B

$1,500

The insured carries an unendorsed DP-3 dwelling policy on his home and personal contents. While traveling abroad someone broke into the home and stole $200 in cash, a shotgun valued at $1,000, and other household items valued at $2,000. Damage caused by burglars is $1,500. Assuming no deductible applies to their coverage how much would be paid?

DP-3

The most comprehensive coverage provided by the Dwelling forms is found on the:

Theft of outside lighting attached to the swelling.

Under the DP-3 special form, which of the following items would be covered?

A fire must be the result of the artificially generated electrical current for coverage to apply

Which of the following is TRUE regarding the DP-2 Broad Form coverage for "artificially generated electrical current"?

$15,000

Roxanne has her home covered under a DP-2 policy. She regularly works on her laptop computer at the bar in her kitchen. One day she decided to go out for lunch, leaving her laptop plugged in and turned on. While she was out, the electrical cord attached to her laptop began to short out and create sparks. One of the sparks fell on a dish towel Roxanne had left on the bar and it caught fire. This led to a larger fire that caused extensive damage to Roxanne's kitchen. The damage to kitchen came to $15,000. The laptop was destroyed an it's ACV was $1,800. The policy did not have a deductible form attached. How much will be paid on this claim?

It automatically includes the EC perils, V&MM coverage, and the broad form perils.

Which of the following statements is TRUE regarding the DP-2 cause of loss form?

$0

While in England an insured has her purse stolen and files a claim for $500 of cash, $1,000 in airline tickets, $250 for miscellaneous items and $50 for the value of the purse. How much of this loss would be covered under a DP-1 dwelling form?

The roof and the personal property located inside the covered dwelling

An insured has his dwelling covered under a DP-2 policy. A 100-year snow storm hit the area where his covered dwelling is located and the weight of the ice and snow caused the roof to cave in. This caused extensive damage to the roof, the personal property inside the dwelling, the foundation of the home, the walkway leading to the outdoor swimming pool, and the pool itself. Which of the damaged property would be covered by the policy?

$700

An insured is covered under a DP-2 broad form Dwelling policy. A water pipe has burst and the insured has suffered floor and ceiling damage in his two-story home. The cost to remove and replace the walls to get to the pipe is $300. The cost to repair the floor is $400. The pope that burst must not be replaced with a more expensive option to meet newer building codes. The cost to replace the pipe is $200. How much with the insurer pay?

Open peril coverage

For the insured dwelling and other structures, the DP-3 provides:

Damage to the dwelling that is caused by an infestation of mice

Under the DP-3 special form, which of the following losses would NOT be covered?