Chapter 2

Question 1 of 5

Medal-premium 1

What coverages are included in Section I ?

Select one or more of the following:

  • Swelling

  • Other Structures

  • Contents or Personal Property

  • Loss of use of Additional Living Expense (ALE)

Question 2 of 5

Medal-premium 1

What does an HO-A cover at RC?

Select one of the following:

  • Dwelling only

  • Everything

  • Nothing. This policy is ACV only

  • Contents only

Question 3 of 5

Medal-premium 1

How do you arrive at the ACV cost?

Select one of the following:

  • 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

Question 4 of 5

Medal-premium 1

Is the peril of Flood covered on any Homeowners policies?

Select one of the following:

  • Case by case

  • No

  • Yes

Question 5 of 5

Medal-premium 1

How many hours is generally given to Inspect a property after an assignment is received?

Select one of the following:

  • 144

  • 72

  • 48

  • 24

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Future Adjusters - Chapter 2

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