What coverages are included in Section I ?

Loss of use of Additional Living Expense (ALE)

What does an HO-A cover at RC?

Nothing. This policy is ACV only

RC minus depreciation from AGE and condition

By applying the age to the amount the insureds says they paid for the item.

Add the deductible to the policy limit

Quiz

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1What coverages are included in Section I ?
1. ASwelling
2. BOther Structures
3. CContents or Personal Property
4. DLoss of use of Additional Living Expense (ALE)
2What does an HO-A cover at RC?
1. ADwelling only
2. BEverything
3. CNothing. This policy is ACV only
4. DContents only
3How do you arrive at the ACV cost?
1. ABy applying the age to the amount the insureds says they paid for the item.
2. BAdd the deductible to the policy limit
3. CRC less the Deductible
4. DRC minus depreciation from AGE and condition
4Is the peril of Flood covered on any Homeowners policies?
1. ACase by case
2. BNo
3. CYes
5How many hours is generally given to Inspect a property after an assignment is received?
1. A144
2. B72
3. C48
4. D24

Descrição: Future Adjusters - Chapter 2
Autor: FutureAdjusters
Idioma: English
Visualizações: 56
Etiquetas: future adjusters insurance adjuster training all-lines adjuster training future adjusters quiz final
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