WebThe owner of a rental dwelling, insured under DP-2, turns off the heat in the insured dwelling during the winter months because the dwelling is not occupied. ... c. the HO-3 policy covers the mysterious disappearance of personal property ... d. monoline policy. c. package policy. In a DP-1 if the insured elects to apply Coverage B to a detached ... WebDP and HO cover single family homes to 4-plexs Dwelling Policies = DP = dwelling forms DP - Structures that are tenant occupied up to 4-plex DP - Owner-occupied homes that …

DP3 vs HO3: What’s the Difference? Kin Insurance

WebQuestion 1: All of the following are differences between DP and HO policies EXCEPT: Question Value: 1 O Both DP and HO are monoline policies O DP is usually less expensive than HO x Neither DP or HO Q&A 1 Sally works for Insurance Company in the underwriting department where she implements policy changes. WebAll of the following may be written on a monoline basis, EXCEPT: Ocean Marine. Coverage C perils are broad form on all HO policies except: HO-8 & HO-5. An apartment building is insured for $300,000 with an 80% coinsurance clause. The property is valued at $500,000. A covered loss occurs in the amount of $200,000. bmw e36 headliner material

quiz_questions (9).pdf - Course Name : Dwelling And...

WebQuestion 1: All of the following are differences between DP and HO policies EXCEPT: Question Value: 1 O Both DP and HO are monoline policies O DP is usually less expensive than HO x Neither DP or HO. Q&A. SCENARIO You are bullish on company ABC and company XYZ. Suppose you have $2 million to invest. You consider four different … WebDefined as more named perils (causes of loss) other than the basic form. DP-2 automatically includes coverage outlined in the DP-1 form. BIG AFFECT. Burglary Damage to Building … WebC: The HO-8 policy form. This policy form is designed to provide dwelling, personal property, and other structures coverage for an owner-occupied dwelling. The dwellings eligible for … cliche\u0027s 8e