CAIB 1- CHAPTER 3

MAJOR CAUSES OF LOSS FOR MOBILE HOMES

DEFINE DENT CLAUSE

COVERAGE A- MOBILE HOME BUILDING
A) DESCRIPTION OF DWELLING

B) EMERGENCY REMOVAL EXPENSE

MOBILE HOME EXCLUSIONS

WHY IS SETTLEMENT PROVIDED ON AN ACTUAL CASH VALUE BASIS FOR MOBILE HOMES

HOMES NOT CONSIDERED AS MOBILE HOMES BY SOME INSURERS

TENANTS PACKAGE FORMS PROVIDED FOR:

COVERAGE PROVIDED BY TENANTS PACKAGE FORMS

TENANTS BASIC FORM

TENANTS COMPREHENSIVE FORM

DEFINE CONDOMINIUM

3 COMMON ELEMENTS

WHAT DOES THE CONDOMINIUM ACT REQUIRE THE COMDOMINIUM CORPORATION PURCHASE FOR INSURANCE

OTHER ESSENTIAL COVERAGES
COVERAGE UI- UNIT IMPROVEMENTS AND BETTERMENTS

COVERAGE U2- LOSS ASSESSMENT

COVERAGE U3- UNIT ADDITIONAL PROTECTION

BASIS OF PAYMENT

SEASONAL RESIDENCE FORM

COMMON EXCLUSIONS

WHAT REQUIREMENTS NEED TO BE MET IN ORDER FOR THE SEASONAL DWELLING TO BE ELIGIBLE FOR COVERAGE UNDER THE HOMEOWNERS BASIC FORM

WHILE IN THE COURSE OF CONSTRUCTION THE HOMEOWNERS COMPREHENSIVE FORM WILL NOT COVER

DWELLING UNDER CONSTRUCTION- ALL RISK COVERAGE FORM. UNDERWRITING GUIDELINES THAT APPLY

RENTED DWELLINGS/ REVENUE PROPERTIES

DEFINE ENDORSEMENT

WHEN ATTACHED TO HABITATIONAL POLICIES ENDORSEMENTS CAN:

FINE ARTS ENDORSEMENT

FINE ARTS ENDORSEMENT COVERAGES