WebThe dwelling fire policy broad form is also a “named perils” policy and covers the same perils as the basic form, with additional coverages such as: Vandalism and malicious … WebThe Broad Form is made to cover all perils the Basic Form covers, along with some additional common perils that could occur. Additional perils added to the Broad form …

Chapter 4 Dwelling Policy Flashcards Chegg.com

WebAll of the following perils are included under the Dwelling Broad Form, except: Smoke damage from industrial operations - Smoke damage is a covered peril of the Dwelling … WebThe basic causes of loss form (CP 10 10) provides coverage for the following named perils: fire, lightning, explosion, smoke, windstorm, hail, riot, civil commotion, aircraft, vehicles, vandalism, sprinkler leakage, sinkhole collapse, and volcanic action. ctcl china

Rental Dwelling Policies – DP1, DP2, DP3

Web5% of the coverage on the dwelling, and a monthly maximum of $250 10% of the policy limits with a monthly maximum of $750 5% of the entire policy with a monthly maximum of $750 answer explanation The insured can apply up to 20% of the dwelling amount to be used for the indirect loss of rents due to a covered loss. WebApr 12, 2024 · Dwelling insurance allows you to pick and choose the various coverages to apply to your property. A standard dwelling policy only covers the dwelling itself, with … WebWhat is covered under the Broad Form (DP-2) policy’s falling object peril? Interior building damage if the exterior was damaged first An insured has a special form dwelling policy written for $100,000 on a dwelling. The dwelling's replacement cost is $115,000. earth 30 dc