Which of the following property is not covered under Coverage A of dwelling policy?
Asked by: Miss Delphia Prosacco | Last update: June 8, 2025Score: 4.3/5 (27 votes)
Which one of the following types of property cannot be covered by a dwelling policy?
The dwelling forms exclude coverage for accounts, bank notes, bills, coins, securities, animals, aircraft, motor vehicles and equipment, watercraft, and data. An insured suffers a covered loss to some rental property that forces the tenant to move to another location.
Which of the following is not covered under a DP-1 policy?
Besides covering the mainframe of the home, a DP1 policy will cover other structures such as garages, fences, sheds, personal property, and ensuring the rental value of a building is fair. Note that water damage from pipes or appliances, as well as vandalism, are not covered.
Which of the following properties is ineligible to be insured under a dwelling policy?
Which of the following properties is ineligible to be insured under a Dwelling Policy? Dwellings located on farms are not eligible.
Which of the following coverages is not automatically included in a dwelling policy?
RESIDENTIAL THEFT COVERAGE ENDORSEMENT:
Theft coverage is not automatically included in dwelling policies; however, coverage may be added with a broad theft coverage endorsement or a limited coverage endorsement.
LA Post Fire: Insurance Q&A #1
What is not covered under a dwelling policy?
Dwelling coverage only applies to structures attached to your main residence, meaning that detached garages, sheds, barns, unattached guest homes, fences, or any other detached structures are typically not covered under dwelling coverage.
Which of the following is not included in property insurance coverage?
Homeowners insurance typically doesn't cover damage from floods, earthquakes, landslides, sinkholes, wear and tear, animals or insects, or water backing up from sewers, drains, septic tanks and sump pumps.
Which of the following is typically not insured under property insurance?
The following types of property are commonly excluded under property policies: Money and securities, accounts, bills, and food stamps. Animals other than stock. Vehicles, aircraft, or watercraft (with some exceptions)
What personal property is covered under a dwelling policy?
Dwelling Coverage is the part of a standard homeowners insurance policy that helps protect the physical structure of your home. This can include any permanent fixtures attached to your home like a garage. Your coverage limit is usually based on the estimated cost to rebuild the home in the event of a covered loss.
Which of the following property is not covered under the building and personal property coverage form?
Building coverage may insure items that are permanently attached to the building itself, while personal property coverage includes property that is not part of the building. Building and personal property coverage exclude land, water, plants, roadways, crops, shrubs, money, accounts, instruments, or trees.
What is covered under a DP-1 policy?
Typically, a DP1 policy is used for vacant properties (and properties that will be vacant for at least 30 days). These might be properties pending a sale or assumed in probate that don't have the need for robust coverage. Investors who plan on rehabbing a property to flip might also get a DP1 policy.
Which of the following is not part of an insurance policy?
Final answer:
Among the provided options, the Certificate of Authority is not a part of an insurance contract. It refers to a document given to an insurance company to permit them to operate within a specific state. The Application, Policy, and Riders however, are all integral parts of an insurance contract.
Which of the following is excluded as a covered loss under the DP 3 coverage?
Although an open peril policy, a DP3 does exclude risks like earthquakes and floods. However, you can choose to cover these types of perils with an endorsement. You also typically won't find a renter's personal belongings covered under the policy. Renters can obtain renters insurance to protect these items.
Which of the following types of personal property would not be covered under homeowners policy?
Pets are not covered under standard homeowners insurance policies, whereas items like jewelry, money, and watercraft may have limited coverage and can require additional protection.
Which is not covered under the commercial property insurance?
What Commercial Property Insurance Won't CoverCommercial property insurance doesn't cover everything. Damage from earthquakes and floods may not be included under your commercial property insurance policy. Some commercial property policies won't cover damage to your property due to a windstorm or hail damage, either.
Which of the following is considered a peril under a property policy?
If you're shopping around for a home insurance policy, you've likely encountered the term “peril.” A peril in insurance refers to an unpredictable event that causes damage to your property, like an accidental kitchen fire, a windstorm or a burst pipe.
What type of property is a dwelling?
Houses, apartments, rowhouses, townhouses and duplexes are types of houses. They are referred to as a dwelling unit. Article 33 of the UDC provides full definitions for dwelling types. Each dwelling type is subject to standards governing setback, building height and lot coverage found in the UDC.
What is covered under dwelling coverage?
Dwelling coverage is one part of your overall home insurance policy. It covers your home's structure —not its contents or land. Features like installed fixtures and permanently attached appliances are also covered. You can select enough dwelling coverage to rebuild your home at today's prices.
What is not automatically included in a dwelling policy?
The Basic Dwelling policy automatically covers only fire, lightning and internal explosion. Hail and smoke are among the perils that may be added by an extended coverage endorsement (ECE). Theft is not covered under a DP-1 Basic Dwelling policy at all.
Which of the following would not be covered by homeowners insurance?
There may be other exclusions spelled out in your policy such as neglect, intentional loss, "earth movement (landslide)", general power failure and even damage caused by war. If you neglect to take care of your property (i.e., a leaky roof), you may not be covered.
Which is not eligible to be insured under a dwelling policy?
The Dwelling Broad Form provides for building losses to be paid on a replacement cost basis, if the amount of insurance carried is equal to at least 80% of the replacement cost of the property insured. Dwellings located on farms are not eligible for the Dwelling program.
Is food considered personal property?
So that brings us to the next question: is food considered personal property? The answer is: in some cases. It really depends on your insurance carrier. Some will automatically cover food, others require that you add on a specific food endorsement to your policy, and some may not cover at all.
What is not covered by insurance?
Health insurance typically covers most doctor and hospital visits, prescription drugs, wellness care, and medical devices. Most health insurance will not cover elective or cosmetic procedures, beauty treatments, off-label drug use, or brand-new technologies.
Which is excluded from liability insurance coverage?
Injuries or damage that the policyholder intentionally caused will not be covered. Similarly, contractual liability arising from assumed contractual obligations is typically excluded.
Which of the following is not part of an insurance?
Final answer:
The 'Certificate of Authority' is not part of an insurance contract; it is a state-issued license for an insurance company to operate. Terms like policy, application, and riders are components of an insurance contract. Therefore, The correct option is D. Certificate of Authority.