Free Dwelling Policy Practice Questions
North Dakota Personal Lines exam — 85 practice questions.
Subtopics: Dwelling versus homeowners, DP-1 basic form, DP-2 broad form, DP-3 special form, Non-owner-occupied, Fair rental value, Liability addition, Purpose, No liability, Coverage A, Coverage B, Coverage C, Coverage D, Coverage E, Coverage A eligibility, Loss settlement, Extended coverage perils, Vandalism endorsement, Other coverages debris removal, Improvements by tenant, Personal liability supplement, Excluded perils, Coverage C optional, Automatic increase, Theft endorsement, Reasonable repairs, Trees shrubs and plants, Fire department service charge, Property removed, Worldwide personal property, Definition of insured, Coinsurance clause, DP-3 loss settlement, Collapse coverage, Seasonal dwelling, Other structures rented, Lightning peril, Glass coverage, Fair rental value vs ALE, Ordinance or law, DP-1 perils, DP-1 vehicles peril, Windstorm peril, DP-1 vandalism, Other structures, Rental value and ALE, Civil authority, Tenant improvements, Coverage C location, Property not covered, Coverage A scope, Coverage B exclusions, DP-3 open perils exclusions, Vacancy, DP-3 Coverage C perils, DP-2 perils, DP-1 trees exclusion, Fire department charges, Collapse, Replacement cost settlement, Cancellation, Nonrenewal, Mortgagee notice, Other insurance, Earth movement, Water exclusion, Freezing, Eligibility, Guest property, Newly acquired residence, Intentional loss, Glass breakage, DP forms, Dwelling liability
Read the Dwelling Policy study guide
Sample questions & answers
1. A key difference between a dwelling policy and a homeowners policy is that the dwelling policy:
Does not automatically include liability coverage
Unlike the homeowners policy, the dwelling policy does not automatically include personal liability, and basic forms exclude theft.
2. The DP-1 (basic) dwelling form covers a limited list of named perils beginning with:
Fire, lightning, and internal explosion
The DP-1 basic form covers fire, lightning, and internal explosion, with additional perils such as windstorm available by extension.
3. Compared with the DP-1, the DP-2 (broad) dwelling form provides:
A broader list of named perils
The DP-2 broad form adds more named perils and generally provides replacement cost coverage on the dwelling.
4. The DP-3 (special) dwelling form generally insures the dwelling on a(n):
Open-peril (all-risk) basis
The DP-3 special form insures the dwelling on an open-peril basis, covering all causes of loss except those excluded.
Practice: Dwelling Policy
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
