Free Dwelling Policy Practice Questions
Georgia Personal Lines exam (series 12-GA-55) — 85 practice questions.
Subtopics: Dwelling vs homeowners, DP-1 basic form, Coverage A, Fair rental value, Vandalism, Personal property, Eligibility, Purpose, No liability, DP-3 special form, 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, DP-2 broad form, 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, Guest property, Newly acquired residence, Intentional loss, Glass breakage, DP forms, Dwelling liability
Read the Dwelling Policy study guide
Sample questions & answers
1. Compared with a homeowners policy, a dwelling (DP) policy is often used for:
rented or other non-owner-occupied dwellings
Dwelling forms insure dwellings including those rented to others, offering fair rental value coverage, and do not automatically include personal liability.
2. The DP-1 (basic) dwelling form typically covers:
a limited set of named perils such as fire and lightning
The basic dwelling form covers a short list of named perils (fire, lightning, internal explosion), with others such as vandalism added when a premium is shown.
3. Coverage A under a dwelling policy insures:
the dwelling structure
Coverage A of a dwelling policy covers the dwelling on the described location, including attached structures.
4. A dwelling policy's fair rental value coverage pays the owner for:
lost rent while a covered loss makes the dwelling unfit to rent
Fair rental value pays the rent, less expenses that stop, while a covered loss makes the rented part of the dwelling unfit for its normal use.
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.
