Ky Property Study Guide Rated A+

Which of these losses would be covered under the camera and musical instrument dealers coverage form {Ans: A clerk drops a camera when arranging digital cameras in a show window. The lens shatters}Which of these losses would be covered under the jewelers block coverage form, assuming the insured has purchased all available optional coverages {Ans: Theft of money in a vault and theft of items on display in show window}Which of the following coverages are included in the physicians and surgeons equipment coverage form {Ans: Both collapse and theft damage to buildings}All of the following are covered under the basic form except {Ans: Coverage E}Gilligan sells Mrs. howls jewelry in Argentina {Ans: Barratry}Commercial property insurance includes {Ans: Declaration, conditions, and 2 or more coverage parts}DP3 {Ans: Special form, open peril, all risks}Floorplan coverage form covers {Ans: Interest of dealer and lender}An unendorsed dwelling policy only provide {Ans: Property coverage}Basic form coverage (DP1) in a dwelling policy is {Ans: The least amount of coverage}DP1 D {Ans: Fair rental value - covers rental owners losses if location becomes inhabitable}Which causes of loss form provides open peril coverage {Ans: Special}Bailee