Free Dwelling Policy Practice Questions
New Hampshire Personal Lines exam (series 12-86) — 85 practice questions.
Subtopics: Dwelling versus homeowners, DP-1 basic form, DP-2 broad form, DP-3 special form, Fair rental value, Personal property option, Liability not automatic, 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 dwelling policy differs from a homeowners policy primarily because the dwelling policy:
Lacks automatic liability and theft coverage
Dwelling policies focus on the structure and do not automatically include the personal liability and theft coverage found in homeowners forms.
2. The DP-1 basic dwelling form generally covers:
A short list of named perils
The DP-1 basic form covers a limited set of named perils, with extended coverage available.
3. Compared with the DP-1 the DP-2 broad form:
Covers more named perils
The DP-2 broad form insures more named perils and generally provides replacement cost settlement on the dwelling.
4. The DP-3 special dwelling form generally insures the dwelling on a(n):
Open-perils basis
The DP-3 special form covers the dwelling on an open-perils basis, except for exclusions.
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.
