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Dwelling Policy 02

Stack #35177

Question	Answer	etc
how many coverage forms are available under Dwelling program	3 forms	(blank)
how many units can be insured under dwelling policy	1-4 unit residential dwellings	(blank)
what criteria for eligibility under dwelling policy?>	not eligible for coverage under regular homeowners program due to age, location, value or other factors.	(blank)
does the dwelling have to be complete?	no it can be completed or in course of construction.	(blank)
who can living in dwelling>	tenant or owner	(blank)
can mobile homes be insured under dweling policies?	yes but only for basic coverage.	(blank)
is the dweling coverage designed to insure farm property?	no	(blank)
when can incidental occupancies be permitted?	by endorsement; if conducted by insured on dwelling premises and no more than 2 persons working at any time.	(blank)
what type of permitted incidental occupancies allowed?	small service operations, such as barber and beauty shop, tailers and dressmakers, shoe repair operations, telephone answering service, offices, music or photographic studios and private schools.	(blank)
DP 00 01 provides what?	named peril coverage form and provides the most limited coverage of three forms. AC	(blank)
how are losses paid under DP1	on an actual cash basis. there is no minimum amt of insurance required for this basic form.	(blank)
what perils or losses does DP1 insure against?	fire, lightning, internal explosion,	(blank)
what extended coverage perils would be insured under DP1?	vandalism and maliscious mischief	(blank)
fire	means combustion or rapid oxidation accompanied by heat or visible flame or glow. to be covered the loss must be result of hostile fire. (friendly fire is one that intentional and contained within its intended boundaries (such as within fireplace).	if friendly fire escapes boundaries & causes damge then fire considered hostile & covered. however fire doesn't have to orig from friendly fire to be hostile
lightning	is natural electricity.	if lightning causes damage to insured premises or causes a fire, the resulting damage will be covered
internal explosion	encompasses just about any explosion that takes place in an insured structure or in a structure containing covered personal property. coverage does not include loss or damage resulting from electric arching, breakage of water pipes, breakage or operation	of presure relief devices, or explosion of steam boilers or steam pipes owned, leased/operated by insured. (eg. expl of gas stove)
is extended coverage for internal explosion available	yes, it can be added for additional premium coverage already printed on basic form however doesn't apply unless premium shown on dec for covg.	(blank)
what extended coverage can be obtained	windstorm or haiol, explosion, smoke, aircraft & vehicles, riot or civil commotion, volcanic erruption,	WHARVES- Windstorm Hail Aircraft/vehicles, Riot/civil commotion, Volcanic erruption Explosion Smoke
windstorm	damage to insured property from windstorm or hail. awnings, signs and antennas outside building are not covered.	damage to interior only covered if exterior bldg damaged by windstorm/hail. e.g. if interior damage results from wind/hail through open window-no coverage
explosion	the explosion does not have to occur inside the building,	explosion of steam boilers and steam pipes is still not covered
smoke	loss or damage by smoke is covered. not including smoke from agricultural smudging, industrial operations or from a fire place (friendly fire).	smokes resulting from hostile fire is covered
aircraft & vehicles	loss or damage that results from direct physical contact with aircraft (including self-propelled missiles and spacecraft) or vehicles is covered.	no coverage for loss or damage to fences, driveways, or walks caused by aircraft/vehicles or for any other type property damaged by vehicles.
riot or civil commotion	riots not defined in policy included within this cause of loss are	(blank)
volcanic erruption	peril was added to extended coverage provions of dwelling for in 1989 revision. some coverage would be provided under explosion peril in absence of thi saddtion, the volcanic erruption peril also covers loss resulting from ash or debris of a volcanic	no coverage for loss cuased by earthquake, land shock, waves or tremors
WHARVES	windstorm hail aircraft/vehicle riot/civil commotion, volcanic erruption, smoke	(blank)
when can vandalism and maliscious mischief be added	if extended coverage perils are insured on the policy, the insured may also add coverage for vandalism and maliscious mischief	(blank)
DP2-Broad Form	on these policies loses to the dwelling are covered on a replacement cost basis as long as the insured maintains a minimum amt of coverage equal to 80% of dwelling replacement cost. broad form expands causes of losses insured under basic form.	there are often 7 additional perils insured in broad form, besides basic perils, the extended coverage perils and vandalism and maliscious mischief
what are the 7 additional perils insured against in the broad form?	burglary damage; falling objects; weight of ice, snow or sleet, tearing apart, cracking, burning or bulging, discharge/overflow of water/steam, freezing of plumbing, artificially generated electricity	(blank)
burglary damage is defined as?	this peril expands coverage included for vandalism and maliscious mischief. coverage is provided for damage to any covered property (not just the building) if caused by burglary.	no coverage for property taken by burglars (theft) or if the dwelling has ben vacant for 30 or more days before loss.
falling objects	loss or damage resulting from falling objects is covered, except damage for awnings, fences, outdoor equipment, outdoor radio, and television antennas or aerials, masts or towers.	damage to interior of building is covered only if the exterior has been damaged first.
weight of ice, snow or sleet	loss or damage to the building or contents cauased by weight of snow, ice or sleet is covered.	no coverage for damage to piers, wharves, docks, awnings, fences, swimming pools, foundations, retaining walls pavements or patios
tearing apart, cracking burning or bulging	sudden and accidental tearing apart, cracking, burning or bulging of appliances from heating water, an air-conditioning system or from an automatic fire protection sprinkler system is covered.	loss caused by freezing is not covered.
discharge or overflow of water or steam	damage caused by accidental discharge or leakage of water or steam from a plumbing, heating, air conditioning or automatic sprinkler system is covered. policy will not pay for loss/damage caused by continuous or repeated seepage, or for losses caused by	freezing, unless the insured does his best to maintain heat in teh building or drains the equipment and shuts off the water supply. damage caused by discharge from off premises storm drain, steam/sewer pipe covered.
freezing of plumbing	freezing of plumbing, heating, air conditioning or automatic sprinkler systems is covered only if the insured has taken reasonable steps to maintain heat in the building or has shut off the water and drained pipes and appliances.	(blank)
artificially generated electricity	sudden and accidental damage resulting from artifically generated electrical current is covered. no coverage for damage to tubes, transistors, or electronic components or circuitry that are part of appliances, fixtures, computers, & home entert units.	(blank)
what coverage is expanded in broad form?	coverage for explosion, vehicles, and vandalism and maliscious mischief	broad form does not exclude explosion of steam boilers or steam pipes (as basic does), for vehicles only excludes damage to fences, driveways/walkways if caused by insured (does not exclude damage to other property caused by insd. no glass exclusion -vmm
what would happen if damage to fences, driveways or walkways was caused by someone other than insured/resident of insured's household under broad form (DP2)?	there would be coverage for resulting damage	(blank)
under broad form DP2 would glass be covered under vandalism and maliscious mischief peril?	yes, glass would be covered	(blank)
under the broad form would explosion of steam boilers or steam pipes be included or excluded	would be included	although excluded in DP-basic form
if a fence/driveway or walkway was damaged by a friend of the insured who does not reside with insured would loss be covered?	yes.	what is done by insured-then excluded.
would storage bldg damage be covered under DP-broad form?	yes because only damage to fences, driveways or walkways is excluded.	(blank)
why is the dwelling policy the policy of choice to insure rental properties?>	becuase the dwelling policy does not contain a vacancy clause. certain coverage may be suspended after 30 days of vacancy (V&MM, glass breakage) or accidental discharge or overflow of water, other perils are not affected by vacancy.	allows for coverage of rental properties that become unoccupied, and even though a replacement tenant is not found within 30 days continuous coverage continues.
which dwelling policy is the special policy	DP3 and unlke the basic and broad forms which are named perils forms, the special form is an open peril form. all perils are inusred against except those specifically excluded. covers dwelling and other structures on open perils basis.	insured's personal property covered for broad named perils found in DP2 with few exceptions.
how are losses covered under DP3-special form?	on replacement cost basis same as broad form.	(blank)
what are the primary differences between the broad form adn special form coverages?	theft of property that is part of dwelling/other structure is covered in special form; coverage for accidental discharge/overflow of water/steam is expanded to cover loss as a result of accidental discharge/overlow of water or steam that occurs off	insured premises. no exclusion to antennae, outdoor equipment, fences or awnings from peril of falling objects.
what additional exclusions are listed in the special form?	no coverage for loss or damage that results from insects, birds, vermin, & domestic animals, gradual & expected losses (such as wear & tear, deterioration, latent defect, inherent vice, mechanical breakdown, etc. , theft of property not part of bldg,	or theft in or to dwelling under construction, pollutants, weather conditions to extent they contribute to an excluded cause of loss (app to Covg A&B), acts deceisions/failures to act (app Cov A&B), faulty planning/design/materials (applies to cov A&B)
what other coverages do the broad and special forms include?	lawns, trees, shrubs, and plants, breakage of glass, collapse	(blank)
lawns, trees, shrubs & plants:	loss to lawns, trees, shrubs, and plants are covered if loss or damage is caused by fire, lightning, explosion, riot, or civil commotion, aircraft, nonwoned or operated vehicles, or vandalism and maliscious mischief (excl. theft).	this is an additional amount of insurance & is limited to max of $500 per tree, shrub or plant and maximum per loss of 5% of amt of coverage on dwelling.
breakage of glass	glass or safety glazing material that is a part of the covered building, including storm doors and storm windows is covered. also covered is loss or damage to other covered property caused by breakage of glass.	there is no coverage for glass breakage if building or structure has been vacant for 30 or more days.
collapse	the broad and special forms also cover collapse of the building or part of the building if loss is the result of hidden decay, insect or vemin (only if existence of such was unknown to insured) weight of personal property or rain that collects on roof,	the use of defective materials or methods in construction (if collapse occurs during construction, or one of the broad form perils. does not include settling, cracking, shrinkage, bulging or expansion. not considered an additional amt of insurance.
how many coverages does the dwelling policy have to cover the dwelling	additional structures, personal property, loss of rental value, and/or additional living expenses.	each of these coverages is included in three policy forms, except additional living expense not in basic form but may be attached. if fair rental value and Addlt living exp written, one of other property covgs must be insured.
how is coverage for property shown on dwelling policy?	showing coverage on the declaration page.	(blank)
what is the standard deductible for property coverage?	a standard deductible of $250 except for fair rental value, additional living expense, and fire dept service charge. deductible applies on occurence basis, regardless of how many types of property involved in loss.	if there is more than one dwelling insured under a single policy, the deductible applies separately to each dwelling and its contents that may be damaged by single occurrence.
how is the deductible to property applied if there is more than one dwelling insured under a single policy	the deductible applies separately to each dwelling and its contents that may be damaged by single occurrence.	(blank)
what is covered under Coverage A	all attached structures and outdoor personal property or equipment used to maintain or service the premises if not covered elsewhere. any materials, or suplies at location used for construction, alteration or repair of dwelling.	logic of this provision is that the dwelling is often rented to others and insured without contents coverage and if landlord furnishes lawnmowers or other equip. to service premises, no need to schedule small amt of content coverage.
what is coverage b=other structures	formerly called appurtenant structures would apply to detached garages and other outbuildings on described location that are separated from dwelling by a clear space, or connectged only by a fence, utility line or similar connection. =10% of Coverage A	in DP1-Cov B=10% of Cov A; in DP2 and 3, Coverage B is an additional amt of insurance equl to 10% of Coverage A.
what may other structures be used for?	to store commercial farming or manufacturing equipment owned solely by the insured as long as the only gaseus or liquid fuel in storage is contained in a permanently installed fuel tank on a vehicle or craft stored or parked in structure.	(blank)
can other structures be rented to anyother other than a tenant of main building?	no	except for a gage which is used for a private garage which does not come under exclusion of rental property and is covered even if it is rented to someone other than T of dwelling.
can other buildings be scheduled under Coverage B	yes	(blank)
what is included under Coverage C?	personal property commonly found in homes owned by insured or other family members. Personal property belonging to guest or servants of the insured may also be covered. however, unlike the Homeowners forms, in which coverage on property owned by a	guest or servant under the dwelling forms applies only while such property is at the described location.
how much coverage is provided under Coverage C for personal property of insured?	with regards to personal property of insured, 10% of the Coverage C limit may apply against losses by covered perils to personal property (other than rowboats and	(blank)
how much of personal property coverage will apply of Coverage C a	applies against losses by covered perils to personal property (other than rowboats/canoes) while it is anywhere in world;	this restrction doesnt apply if the personal property is moved to a newly acquired princple residence. personal property covered for 30 days or expiration of policy-whichever shorter time.
fair rental value?	if property under Coverage A/B/	(blank)
fair rental value	property under Coverage A, B or C becomes damaged or destroyed or unfit for normal use then policy pays fair rental value of described premises or part of it used as rental property. fair rental value does not include expenses that would not continue	while premises are unfit for use (such as heat or electricity). coverage continues until repairs are completed and will not stop if the policy expires first.
when is additional living expenses available	only if broad or special form dwelling coverage is written. it pays for additional living expenses the insured incurs while the described premises are unfit for use or being repaired.	if civil authority prohibits use of insured property due to peril insued against damaged neighboring location-Cov D&E pymtns limited 2wks.
what things are included as additional living expenses?	include such things as rent for alternative housing,.	(blank)
when will payments under ALE cease?	they will not cease if the policy expires before repairs have been completed.	intent of ALE is to allow the family to maintain their normal standard of living.
what 8 other coverages are available under all three dwelling forms?	removal, other structures, debris removal expense, reasonable cost for repairs, tenants improvements, alterations and additions, worlwide personal property coverage, rental value & additional living expense	and fire dept service charge
removal?	this policy will pay for loss or damage to property removed from the insured premises when threated by a peril insured against.	perils insured against are converted to open peril coverage during process removal; basic form policy provides coverage for 5 days, while broad & special provide coverage for 30 days.
other structures?	insured may elect to apply up to 10% of dwelling insurance amt to cover other structures on the insured premises. in basic form, this is not an additional amt of insurance & will reduce amt available under Coverage A in case of concurrent loss.	in broad & special forms, covg provided automatically & considered an additional amount of insurance coverage provided under Coverage B. If amt insufficient, Cov B limits may be increased for additional premium.
debris removal expense	reasonabkle costs to remove debris after a covered loss is covered.	includes expense to remove ash/dust caused by volcanic erruption considered an additional amt of insurance if amt of loss plus cost to remove debris exceeds policy limit, addtl 5% of policy limit may be paid for debris removal.
reasonable costs for repair?	incurred by insured for repairs necesary to protect property from further damage at time of a covered loss is also covered. this is not additional amt of insurance.	(blank)
tenants improvements, alterations & additionhs	if insured is tenant, up to 10% of personal property limit may be applkied to loss or damage improvements, alterations of additions acquired by insured tenant.	not considered additional amt of insurance & will not increase total amt of insurance payable in case of loss.
worldwide personal property coverage	insured may elect to apply up to 10% of the personal property limit to pay for losses to personal property away from premises. no covg for rowboats or canoes,	property of guests & servants are not covered away from insured premises. not considered an additional amount of insurance
rental value & additional living expense	under basic form, rental value coverage allows insured to apply up to 10% of limit for dwelling to pay for fair rental value of described premises, or part of it rented to others at time of a loss. covg limited to 1/12 of 10% limit monthly and will not	increase total amt of insurance available. broad and special forms=-covg included for both fair rental value & additional living expenses and does not reduce the dwelling limit in case of a concurrent loss. paymt amt not limited instead fair rental valu
fire department service charge	up to $500 will be paid for costs incurred by insured becuase of an agreement to pay fire department if they respond to a fire at described premises. covg	considered additional amt of insurance and no deductible applies to this coverage.
all 3 policies contain several general exclusions that define actual extent of coverage provided.	ordinance of law, earth movement, water damage, power failure, neglect, war, nuclear hazard, intentional loss	(blank)
ordinance or law	covg does not apply to expenses incurred as result of any tearing down of property.	however, covg for replacement of broken glass with safety glazing material if required by ordinance or law.
earth movement	earthquakes and landshock waves associated with volcanic action are not covered.	however fire & explosion that result from earthquake & damaged caused by human or animal forces covered.
what time period is considered one earthquake	all earthquakes that occur in a 72 hour period	considered a single earthquake
water damage	damage caused by flood, below surface water, and water/water borne material such as sewage that backsup from sewer or driain.	(blank)
power failure	if there is loss or damage due to power failure away from insured premises, such as spoilage of refreigerated food from power outage-no coverage.	(blank)
neglect	if at time of loss, further damages result because insured neglected to try to save or preserve the property-no coverage for additional loss or damage.	(blank)
war	damage caused by war, insurrection, rebellion or revolution is not covered	(blank)
nuclear hazard	nuclear reaction or radiation or radioactive contamination is not covered.	(blank)
intentional loss	it is contrary to public policy to insure loss or damage that is intentional, whether committed or conspired by all insureds or individual insured.	(blank)
freezing of plumbing	no coverage for freezing of plumbing system even while dwelling occupied, unless insured used reasonable care to prevent damage by maintaining heat/draining all systems & appliances	(blank)
what specific types of property not covered in any dwelling (89 forms)	land, structures used for commercial or manufacturing or farming, structures rented to others not tenant of dwelling, loss from cancellation of lease, accounts, bank notes, deeds, bills, coins, currency, platinum. (other than platinumwear), script,	smart cards, etc, animals, fish or birds, aircraft, boats (except rowboat/canoes), credit & fundtransfer cards, motor vehicles, incl equip & access., vehicles sound recording, receiving/transmitting devices, paperrecords & elec data,
what other types of property is not covered in dwelling policies	outdoor laws, plants, shrubs/trees , hovercrafts & parts, devices used solely for deposit, withdrawal/transfer of funds, waterand/or steam, grave markers	(blank)
how is loss resulting from cancellation of lease excluded?	applicable only for fair rental value and additional living expense coverage	(blank)
is platinumware excluded from dwelling policies?	no (just platinum)	(blank)
are all boats excluded	no, rowboats and canoes are covered	(blank)
are any motor vehicles included	yes, motorized vehicles used solely to service the premises that are not subjec to vehicle registration	(blank)
if there are more than 4 units, no dwelling coverage	get a commercial policy	(blank)
can't have no more than 5 people subleasing a room (if 4 units)	on dwelling policies	(blank)
DP1 can be written for	any amount and paid at ACV	3 perils
DP2 requires amt of insurance written must be at least 80% of what it would cost to replace the dwelling on a loss	broad form named perils insured against	(blank)
DP3 also requires the amt of insurance to be at least 80% of dwelling	covers losses on replacement cost basis. open perils covers everything except those excluded	(blank)
dwelling policy will cover 5 property coverages:	3 described property covered and 2 amt covered	(blank)
Coverage A-	Dwelling to dwelling, all attached structures, service related building equipment and materials kept at locaiton for repair or replacement of location or other structures	(blank)
Coverage B	other structures-separated by clear space or connected by fence	(blank)
Coverage C	property owned or used by insured or members of insureds family	could apply to guest or servants at insd location
Coverage D	rental (but must have covg A,B,C)	(blank)
Coverage D	rent	(blank)
Coverage E-ALE	increased cost of living due to damage	only on DP 2 &3 but can add to DP1
8 other coverages	basic form	(blank)
3 other covgs DP2 & 3	(blank)	(blank)
endorsements	alter or change the original terms	(blank)
theft coverage	only owner occupied/named insured tenant in apartment	(blank)
amt of insurance for dwelling under construction	usually based on expected value	usually based on percent of home completed on particular date
3 more common endorsements: automatic increase in insurance (inflationguard -raises covg); broad form theft coverage; dwelling under construction	(blank)	(blank)
what conditions apply to dwelling policies?	policy period, insurable interest & limit of insurance; concealment/fraud; duties after a loss; loss settlement; apir or sets; appraisal; other insurance; subrogation; suits against insurer; insurer option to repair/replace; loss payment; abdonment;	mortgage holders; no benefit to bailee; cancellation/nonrenewal; liberalization; change of policy provisions; assignment; death; nuclear hazard; recovered property; volcanic erruption
insurable interests and limit of insurance	if more than one person has an insurable interst in property, the insurer will not be liable for more than the insured's interest in the loss or damaged property	(blank)
loss settlement	losses will be valued as the lesser of: actual cash value of property at time of loss; policy limit; amt necessary to repair/replace property or amt reflecting insured's interest in property at time of loss.	(blank)
pair or sets	a clause in many property and inland marine policies which provides the insurer is not obligated to pay for total value of set of insured items if only one item has been lost damaged or destroyed. lost settlement would be based on reasonable and fair	portion that the lost or damaged part bears to total value of set
other insurance	if other fire insurance applies to same loss, the insurer is only liable for the portion of loss that limit of insurance bears to total of all insurance	(blank)
suits against insurer	no suit may be brought against insurer unless the insured has fully complied with all policy conditions and the action is started within 2 years of the date of loss.	(blank)
insurers option to repair or replace	the insurer has the option to repair/replace any part of damaged property with like property providing written notice to the insured within 30 days from receiving signed proof of loss.	(blank)
loss payments	losses will be paid within 60 days of reciving proof of loss and coming to an agreement with the insured as to the amt payable.	(blank)
cancellation and nonrenewal	10 days advance notice is reuiqred if policy is cancelled for nonpayment or for any other reason if within first 60 days of coverage.	after 60 days, or if insurer plans to nonrenew coverage, at least 30 days notice of cancellation is required.
when can the insurer cancel the policy midterm	due to misrepresentation of a material fact or if the risk has changed substantially from what was first insured.	(blank)
liberalization	if the insured makes any change which broadens coverage in the policy edition during the policy period or within 60 days before the effective date, these changes will automatically apply without needing to be endorsed to the policy	(blank)
death	in event of an insured's death the legal representatives of the deceased insured will be considered an insured as respects to covered property	(blank)
nuclear hazard	losses caused by nuclear hazard will not be considered caused by fire, explosion or smoke	(blank)
recovered property	if any property is recovered in which there has already been a loss payment made, the insured has the option of taking the property and returning the amount paid or giving the property to the insurance company	(blank)
volcanic erruption	all volcanic erruptions occuring within 72 hour period will be considered one occurrence	(blank)
dwelling policy versus home owners	does not include personal liability, homeowners include theft as a peril insured against but only covered if add broad form theft endorsement, dwelling policy excludes money and valuable papers but HO covers.	(blank)
several optional endorsements are available to insured to further expand the coverage provided	automatic increase in insurance, broad theft coverage, dwelling under construction	(blank)
automatic increase in insurance	is an endorsement that may be added to a dwelling policy to increase the amount of insurance by an annual percentage to offset the effects of inflation.	this endorsement requires additional premium
broad theft coverage	only theft coverage provided in any dwelling policy forms is theft of property that is a part of the building under the special form.	none of the policy form covers theft of personal property but it can be added by endorsement if the insured is owner/occupant of dwelling.
what would the theft of personal property endorsement cover?	personal property owned by insured or resident of insured's household caused by theft or attempted theft or for vandalism or malicious mischief that results from theft or attempted theft.	no coverage is premises have been vacant for 30 or more consecutive dates.
does the broad theft coverage provide on and off premises coverage?	off premises coverage cfna only be insured if on premises coverage is written. a separate limit of liability will be shon on the declarations page for both coverages.	(blank)
what is included in on premises coverage?	includes loss at described premises owned or used by insured/resident employee and for property placed for safekeeping in a bank, trust or safe deposit company, a public warehouse, or a dwelling not owend, occupied or rented by the insured.	(blank)
on presmises coveage includes (for broad theft coverage)	loss at descirbed premises owned or used by the inusred or a resident employee & for property placed for safekeeping in a bank, trust, or safe deposit company, a public warehouse, or a dwelling not owned occupied or rented by the insured.	(blank)
what does off premises coverage cover (broad theft coverage)	protection from property away from the described premises that is either owned or used by insured, o rowned by resident employee.	no off premises coverage for property at a newly acquired principal residence.
how long will on-premises limit apply for property at newly acquired residence	on premises limit will apply automatically for 30 days including while property is in transit to new location	(blank)
certain types of property are only covered for specific amounts. if the insured requires higher limits for these items, additional coverage may be purchased. the categories of property with these sublimits are:	$200 for money, bank notes, bullion gold, siliver (excl. goldware & silverware) platinum, coins & other metals; $1,00 for accts, deeds, evidences of debt, letters of credit, notes other than bank notes, manuscripts, passaports, tickets & stamps.	$1500 securities; $1500 watercraft, their trailers, furnishings, equip & outboard motors, $1,500 other trailers, $1,000 watches, furs, precious & semiprecious stones, $1500 jewelry; $2500 firearms & rel. equip; & $2500 silver, silverplatedware, gold/plate
what additional sublimits exists for property	$2500 for silver and silverplated ware, gold and gold plated ware, pewter ware, including flatware, hollowware, tea sets, trays & trophies	(blank)
what types of property are specifically excluded:	animals, birds or fish, credit cards & fund transfer cards, property while in transit, property held as sample for sale, prop specifically described & insd by any other insurance, property of tenants, roomers, boarders (other than relatives),	business property of insured/resident employee; property in custody of laundry, cleaner, tailor, presser/dryer except loss by burglary or robbery; prop at other location owned/rented/occupied by insd, except if temp residing; motor vehicles subject to reg
what types of motor vehicles and equipment are excluded	motor vehicles other than motorized vehicles used to service the premises that are not subjec to motor vehicle registration, motor vehicle equipment & accessories, including sound receiving, transmitting or recording devices while in vehicle	(blank)
are dwellings under construction eligible for coverage	yes however because of unique nature of these risks, an endorsement is required to modify some of the policy provisions.	(blank)
what is the limit of liability for a dwelling under construction	is provisional and based on completed value of structure. at time of loss, the applicable limit is a percentage of the provisional limit. based on proportion of actual cash value of property at time of loss.	premium is 65% of completed value premium
What SC Special Provisions must be added to DP policies by endorsement	Glass/Safety glazing material; ordinance or law other coverage; teh power failure exclusion; South Carolina valuation clause; cancellation and nonrenewal conditions	(blank)
Glass or safety glazing material	if part of a covered building and broken directly by earth movement is covered even if vacant for more than 30 days (60 days HO) any direct loss caused to covered property by the pieces of broken glass is also covered. other loss resulting because	of broken glass is not covered.
ordinance or law other coverage	as an additional amount of insurance coverage on all forms except DP-1 for increased cost to repair or rebuild to conform to current building codes. 10% of coverage A (coverage B if no coverage A). for tenants it is 10% of improvements, alterations,	additions coverage. coverage does not apply to loss of value to building because of an ordinance or law. also not covered are costs to comply with laws reg pollution
power failure exclusion	is modified so loss resulting from a covered peril at the insured location is covered even if caused by power or other utility service failure	(blank)
South Carolina valuation clause	must be added to all policies covering real property for the peril of fire as previously discussed	(blank)
cancellation and nonrenewal conditions apply in SC as previously discussed.	(blank)	(blank)

Created by: jsl122171

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