2758180
Description
Quiz by FutureAdjusters, updated more than 1 year ago
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Created by FutureAdjusters
over 9 years ago
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Question 1
Question
What coverages are included in Section I ?
Answer
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Swelling
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Other Structures
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Contents or Personal Property
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Loss of use of Additional Living Expense (ALE)
Question 2
Question
What does an HO-A cover at RC?
Answer
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Dwelling only
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Everything
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Nothing. This policy is ACV only
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Contents only
Question 3
Question
How do you arrive at the ACV cost?
Answer
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By applying the age to the amount the insureds says they paid for the item.
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Add the deductible to the policy limit
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RC less the Deductible
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RC minus depreciation from AGE and condition
Question 4
Question
Is the peril of Flood covered on any Homeowners policies?
Answer
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Case by case
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No
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Yes
Question 5
Question
How many hours is generally given to Inspect a property after an assignment is received?
Answer
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144
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72
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48
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24
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