Property Casualty Ca Exam Pdf

Are standardized umbrella polices available? {Ans: no because each company want the ability to establish their own pricing}Which of the following combinations of characteristics should be considered when making a an insurance recommendation to a propective insured that has just purchased a new office building? {Ans: The structure that is exposed a loss, the perils that may occur, consequently causing a loss possible financial impact of loss}An insured duties after a loss are described in the homeowner's section 1 conditions. Which of the following is NOT a correct statement about these duties? The insured must: {Ans: make all necessary repairs to protect the property from further damage. The excludes that part of the loss resulting from the enforcement of a building ordinance or law}The collision coverage of a the personal auto policy covers? {Ans: damage caused by the insured, driving into a fallen tree, that fell during a storm}Grace has a homeowners policy that includes section 1 coverage's A,B and C. A,B and C provide coverage for {Ans: dwelling, other structures, and personal property}The watercraft endorsement on a homeowners policy extends coverage for {Ans: liability coverage for watercraft listed on the schedule}What does a