Chapter 2

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Future Adjusters - Chapter 2
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Pregunta 1

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

Pregunta 2

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

Pregunta 3

Pregunta
How do you arrive at the ACV cost?
Respuesta
  • 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

Pregunta 4

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

Pregunta 5

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