RIBO Licensing Exam Package Quiz 9 Property Quiz 2020

The Homeowners Comprehensive Form:

Extended Coverage perils include which of the following?

Which of the following is NOT the subject of a Statutory Condition?

The Basic Homeowners Policy will cover:

Which of the following perils may be insured under a property insurance policy?

The main difference between a Homeowners form and a Tenants form is that:

Coverage under the Personal Articles endorsement:

Statutory Conditions in a property policy are primarily to protect the rights of:

The Standard Mortgage Clause outlines:

A seasonal residence form does not provide coverage for:

Laws regulating the zoning, demolition, repair of construction of buildings and their related services can increase costs of repair to buildings. These increased costs are:

Under Section 2 of your Homeowners policy who is not covered?

To qualify for a Homeowners policy:

Which of the following is NOT true of all risks policies?

Which of the following extensions under the Homeowners Comprehensive Policy increased the amount of insurance?

The basic perils insured by each and every Basic Fire policy includes:

A tenant negligently causes a fire which damages the apartment building. Under which policy is the building damage covered?

Inflation endorsements:

To which of the following items insured under a Homeowners Policy does a limit apply when the item is stolen but not when it is damaged in an explosion?

Which of the following is NOT an extended coverage peril?

Reference to PARTS is included in the Additional Conditions of a property policy. What does it state?

The Sue and Labour clause in an insurance policy is designed to:

Co-insurance clauses can seriously affect loss settlement. They may:

The extended coverage endorsement does not:

If the Insured wishes to cancel the policy the cancellation takes effect:

Which one of the following does the Homeowners Comprehensive policy automatically cover?

Which of the following would qualify for a Comprehensive Homeowners policy

What provisions are included in the basic fire policy for removal of property to prevent further loss or damage

The term “replacement cost” means:

Loss or damage caused by earthquake is:

Which of the following would be covered by a Homeowners Basic Form?

Which one of the following coverage under a Homeowners Comprehensive policy including inflation protection is not automatically increased in amount at the anniversary of a policy?

A mortgagor is:

Which of the following is NOT a specified peril in a Homeowners Policy?

Under a Personal Articles endorsement:

When a vacancy permit is granted on a dwelling policy, what effect does it have on the perils insured?