Chapter 2

Beschreibung

Future Adjusters - Chapter 2
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Zusammenfassung der Ressource

Frage 1

Frage
What coverages are included in Section I ?
Antworten
  • Swelling
  • Other Structures
  • Contents or Personal Property
  • Loss of use of Additional Living Expense (ALE)

Frage 2

Frage
What does an HO-A cover at RC?
Antworten
  • Dwelling only
  • Everything
  • Nothing. This policy is ACV only
  • Contents only

Frage 3

Frage
How do you arrive at the ACV cost?
Antworten
  • By applying the age to the amount the insureds says they paid for the item.
  • Add the deductible to the policy limit
  • RC less the Deductible
  • RC minus depreciation from AGE and condition

Frage 4

Frage
Is the peril of Flood covered on any Homeowners policies?
Antworten
  • Case by case
  • No
  • Yes

Frage 5

Frage
How many hours is generally given to Inspect a property after an assignment is received?
Antworten
  • 144
  • 72
  • 48
  • 24
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