Principles of Risk Management and Insurance, 11e (Rejda)
Chapter 20Homeowners Insurance, Section I
1) Which of the following statements is (are) true regarding renters insurance?
I.Renters insurance is needed if you rent a hou, but is not needed if you rent an apartment. II. The ISO renter's policy provides "all-risks" coverage on the insured's personal property.
A) I only
B)II only
C)both I and II
D)neither I nor II
Answer: D
Question Status: Previous Edition
2)Which of the following statements about eligibility requirements for homeowners insurance is (are) true?
I. A contract can be written on a twenty-unit apartment complex as long as the tenants are families.
公务员升职路线II.Separate forms are available for renters and condominium owners.
A) I only
B) II only
C) both I and II
D) neither I nor
II Answer: B
Question Status: Previous Edition
3) All of the following statements about the Homeowners 6 (unit-owners form) policy are
true EXCEPT
A)It includes personal liability coverage.
B)It covers personal property on an "all-risks" basis.
C)It provides limited coverage for improvements and alterations.
D)It provides limited coverage for loss asssments.
Answer: B
Question Status: Previous Edition
4)Which homeowners policy is designed for the tenants of rented premis?
A) Homeowners 2
B) Homeowners 4
C) Homeowners 6
D) Homeowners 8
琥珀的作用Answer: B
Question Status: Previous Edition
5) Which of the following statements about the Homeowners 8 policy is (are) true?
I.Loss to the dwelling are ttled on a replacement cost basis if the dwelling is insured for its full market value.
II. It is designed primarily for expensive, newer, dwellings.
A) I only
B) II only
C) both I and II
D)neither I nor
II Answer: D
Question Status: Previous Edition
6)Which of the following statements about the Homeowners 3 policy is (are) true?
I. Loss to the dwelling are always ttled on an actual cash value basis.
II.Coverage on personal property is limited to $5,000.
A) I only
B) II only
C)both I and II
D)neither I nor
II Answer: D
Question Status: Previous Edition
7)The major difference between the Homeowners 2 policy and the Homeowners 3 policy is
the A) insured perils for the dwelling.
B) insured perils for personal property.
C) type of liability coverage provided.
D) amount of coverage for other structures.
Answer: A
Question Status: Previous Edition
8)Persons insureds under Section I of the Homeowners 3 policy include which of the following?
I. A spou of the named insured if living in the same houhold
II. The named insured's children who are under age 24 and who are full-time college students
A)I only
B)II only
C)both I and II
D)neither I nor
II Answer: C
Question Status: Previous Edition
9)Section I of the Homeowners 3 policy provides coverage for all of the following
EXCEPT A) loss of u.
B) personal property.
C)other structures.
D)medical payments.
Answer: D
Question Status: Previous Edition
10) All of the following are covered under the dwelling coverage (Coverage A) of
the Homeowners 3 policy EXCEPT
A)any structure attached to the dwelling.
B)the land on which the insured dwelling is located.
C)materials and supplies intended for alteration or repair of the dwelling.
D)materials and supplies intended for construction of a detached garage.
Answer: B
Question Status: Previous Edition
11) Which of the following statements about the coverage for other structures (Coverage B) under the Homeowners 3 policy is true?
基友名A)The amount of insurance on other structures is equal to a percentage of the coverage on the dwelling.
B)Structures attached to the dwelling by a fence or utility line are considered to be part of the dwellin
g rather than other structures.
C)Coverage applies even if the other structure is ud for business purpos.
D)There is no coverage for a private garage if it is rented to a tenant of the dwelling. Answer: A
Question Status: Previous Edition
12)All of the following loss are subject to special limits of liability under the Homeowners
3 policy EXCEPT the
A) theft of firearms.
B) destruction by fire of property ud for business purpos.
C) storm damage to a boat at a marina.
D) destruction of jewelry by fire.
Answer: D
Question Status: Previous Edition
13)Which of the following statements about the personal property coverage (Coverage C) of the Homeowners 3 policy is (are) true?
I. The coverage applies only in the United States and Canada.
II.The full amount of coverage applies only if the property is permanently located at
any residence of the insured.
A) I only
B) II only
C) both I and II
D) neither I nor
II Answer: D
Question Status: Previous Edition
14) The Homeowners 3 policy limits the amount of coverage provided on certain personal property (e.g. coin collections and silverware). This personal property can be adequately insured by
A)lowering the deductible which applies to personal property loss.
B)storing the property away from the home at another location.
C)adding a schedule to the policy listing the property with specific amounts of insurance.
D)adding an appraisal clau to the policy.
Answer: C
Question Status: Previous Edition
15) Which of the following property is covered under the personal property coverage (Coverage C) of the Homeowners 3 policy?
A)a pet iguana owned by the named insured's spou
B)a bicycle owned by a foster child living with the named insured
C)music CDs located in the named insured's automobile
D)a stamp collection insured under a parate policy
委派函Answer: B
Question Status: Previous Edition
16)All of the following statements about the coverage for loss of u (Coverage D) under
the Homeowners 3 policy are true EXCEPT
A) If a covered loss makes the home unfit for living, the insurer pays additional living expens the insured may incur as a result of the loss.
B) The duration of payments for additional living expens is limited to a maximum of 15 days. C) There is coverage for the fair rental value of any part of the premis rented to others.
D) There is coverage if civil authorities prohibit the insured from using the premis becau of a loss to a neighboring premis from an insured peril.
Answer: B
Question Status: Previous Edition
17)Which of the following statements about the additional coverages under Section I of
the Homeowners 3 policy is true?
A) There is coverage for the reasonable cost incurred to protect property from further damage after a covered loss occurs.
B)There is unlimited coverage for furnishings of the landlord in an apartment on the premis that is rented to others.
C)Property removed from the premis becau it is endangered by an insured peril is covered on a named-perils basis while it is outside the insured premis.
D)Damage caud by the ttling of the insured structure is covered as a collap. Answer: A
Question Status: Previous Edition
商鞅是怎么死的
18) All of the following are additional coverages under Section I of the Homeowners 3
policy EXCEPT
A)the reasonable expens of removing debris of covered property after an insured loss.
B)fire department rvice charges for which the insured is liable by contract or agreement.
C)damage to trees and shrubs caud by a windstorm.
D)loss incurred from the unauthorized u of a stolen credit card.
Answer: C
Question Status: Previous Edition
19) All of the following are covered perils under the personal property coverage (Coverage C)
of an unendord Homeowners 3 policy EXCEPT
A)earthquake.
B)theft.
C)windstorm.
D)explosion.
我是一个兵歌词Answer: A
Question Status: Previous Edition
20)Which of the following loss to a dwelling would be covered under an
unendord Homeowners 3 policy?
A) smoke damage resulting from agricultural operations of a neighboring
farmer B) damage to the structure caud by a flash flood
C) damage to the structure caud by the weight of heavy snow
D) damage to a floor caud by water backing up through a wer
pipe Answer: C
Question Status: Previous Edition
21)Which of the following statements about covered perils under the personal property coverage (Coverage C) of the Homeowners 3 policy is true?
A) Theft loss to boats and watercraft are covered only if they occur at the insured's residence.
戎字组词B) Damage from an explosion is covered only if the explosion is the result of fire or lightning.
C) Property damage from vehicles is covered only if it is caud by the insured.
D) Smoke damage is covered only if it aris from agricultural or industrial operations. Answer: A
Question Status: Previous Edition
22)Which of the following types of water damage is covered under an unendord Homeowners 3 policy?
A) damage from flood
B) damage from water backing up through a drain
C) damage from water below the surface of the ground that eps into a
bament D) damage from water that overflows from a malfunctioning washing
machine Answer: D
当仁不让意思Question Status: Previous Edition
