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05. Additional Coverages of the HO Forms
See title
14
Insurance
Undergraduate 1
11/28/2011

Additional Insurance Flashcards

 


 

Cards

Term
T or F-THE INSURER WILL PAY UP TO $500 TO REMOVE A TREE THAT HAS BEEN STRUCK BY LIGHTNING AND IS BLOCKING INSURED'S DRIVEWAY
Definition
True
Term
T or F-THE INSURER WILL PAY UP TO $500 TO REMOVE A TREE THAT HAS BLOWN DOWN AND IS NOT BLOCKING THE WAY IN OR OUT OF THE DWELLING, BUT LOOKS BAD
Definition
False
Term
T or F-THE INSURER WILL NOT PAY TO REMOVE DEBRIS AFTER A FIRE HAS OCCURRED
Definition
False
Term
T or F-THE INSURER WILL NOT PAY TO INSTALL A TEMPORARY COVER TO PROTECT THE DWELLING FROM ADDITIONAL DAMAGE AFTER THE WIND BLOWS OFF A PORTION OF A ROOF
Definition
False
Term
T or F-ADDITIONAL COVERAGES OF THE HO FORMS COVERS REASONABLE REPAIRS
Definition
True
Term
T or F-TREES AND SHRUBS ARE COVERED FOR SOME PERILS
Definition
True
Term
T or F-THE INSURER WILL PAY UP TO $500 FOR A TREE THAT BLOWS OVER IN A WIND STORM
Definition
False
Term
T or F-INSURER WILL PAY FOR %10 OF THE DWELLING LIMIT FOR DAMAGE TO PLANTS COVERED BY CERTAIN PERILS
Definition
False
Term
T or F-THE INSURER WILL PAY FOR THE FIRE DEPARTMENT SERVICE CHARGE UNDER ADDITIONAL COVERAGES OF THE HO FORMS
Definition
True
Term
T or F-THE DEDUCTIBLE APPLIES TO FIRE DEPARTMENT SERVICE CHARGE COVERAGE
Definition
False
Term
T or F-A WILDFIRE IS SWEEPING THROUGH AN INSUREDS NEIGHBORHOOD SO THE INSURED REMOVES THEIR WATERFORD CRYSTAL. WHILE STORING THE CRYSTAL AT A FRIENDS HOUSE, THE FURNACE EXPLODES AND BREAKS THE CRYSTAL. THE INSURED'S CRYSTAL IS STILL COVERED
Definition
True
Term
T or F-A WILDFIRE IS SWEEPING THROUGH AN INSUREDS NEIGHBORHOOD SO THE INSURED REMOVES THEIR WATERFORD CRYSTAL. WHILE STORING THE CRYSTAL AT A FRIENDS HOUSE, THE KIDS FIND IT AND SMASH IT. THE CRYSTAL IS NOT COVERED
Definition
False
Term
T or F-A WILDFIRE IS SWEEPING THROUGH AN INSUREDS NEIGHBORHOOD SO THE INSURED REMOVES THEIR WATERFORD CRYSTAL. ON THE 45TH DAY THAT THE CRYSTAL HAS BEEN AT THE FRIENDS HOUSE, THE FURNACE EXPLODES AND BREAKS IT. THE INSURED'S CRYSTAL IS STILL COVERED
Definition
False
Term
T or F-CREDIT CARD FRAUD IS COVERED AS AN ADDITIONAL COVERAGE
Definition
True
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