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  2. Illinois
  3. Personal Lines
  4. Dwelling Policy

Free Dwelling Policy Practice Questions

Illinois Personal Lines exam — 42 practice questions.

Subtopics: Use, Coverage scope, DP-1 settlement, Core peril, DP-3 form, Fair rental value, Purpose, No liability, DP-1 basic form, DP-3 special form, Coverage A, Coverage B, Coverage C, Coverage D, Coverage E, Eligible dwellings, 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

Read the Dwelling Policy study guide

Sample questions & answers

1. The dwelling policy is most often used to insure:

A rental or non-owner-occupied dwelling

The dwelling policy is commonly used for rental or non-owner-occupied dwellings.

2. Compared with a homeowners policy a basic dwelling policy:

Does not automatically include personal liability or theft

A basic dwelling policy does not automatically include personal liability or theft coverage.

3. The basic dwelling form (DP-1) typically settles losses on a(n):

Actual cash value basis

The DP-1 basic form generally settles losses on an actual cash value basis.

4. A core peril covered by every dwelling form is:

Fire

Fire is a core peril covered by every dwelling form.

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Practice: Dwelling Policy

Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored instantly with an explanation for every question.

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.