Coverage for earth movement, such as earthquakes, is typically:</br>
A. Automatically included in every homeowners policy
B. Excluded under standard homeowners forms unless added by endorsement or separate policy
C. Only available through the federal government
D. Mandatory in all 50 states
Source: PSI Personal Lines Producer Content Outline, Types of Property Policies (Others)
Which homeowners policy form is generally used to insure a tenant's personal property, without covering the dwelling structure itself?
A. HO-3
B. HO-4 (renters/tenants form)
C. HO-6
D. HO-8
Source: PSI Personal Lines Producer Content Outline, Types of Property Policies
Which homeowners form provides the broadest 'open perils' (all-risk) coverage on the dwelling itself?
A. HO-2
B. HO-3
C. HO-4
D. HO-8
Source: PSI Personal Lines Producer Content Outline, Types of Property Policies
A condominium unit-owner's policy that covers personal property, unit improvements, and liability, while the association's master policy covers the building's common structure, is:</br>
A. HO-3
B. HO-4
C. HO-6
D. HO-8
Source: PSI Personal Lines Producer Content Outline, Types of Property Policies
A basic dwelling fire policy providing named-peril coverage on an actual cash value basis for a non-owner-occupied rental property is typically written on which form?</br>
A. DP-1
B. DP-3
C. HO-3
D. HO-6
Source: PSI Personal Lines Producer Content Outline, Types of Property Policies (Dwelling)
