Idaho Property & Casualty Exam Prep Correct Questions And Answers!

Which of the following is not covered under the Building and Personal Property Coverage Form? A Completed additions B Accounts, bills, currency, deeds, evidence of debt, money or securities C Personal property owned and used to service and maintain the building D Building materials that are on or within 100 feet of the described premises {Ans: B}Under a Businessowners policy, if an insured acquires a building on April 1st, it is automatically covered until which date? A June 1 B May 1 C April 21 D April 10 {Ans: B}The following are an example of boycott, coercion, or intimidation, except: A Coercing a debtor into getting requisite insurance through a particular agent B Unreasonably disapproving a policy that provides requisite coverage C Offering a premium discount or credit that is not specified in the policy D Requiring a mortgager to pay a handling charge on a policy required to secure a loan {Ans: B}Which statement is not correct about the Right to Recover Payment under the PAP? A The Right to Recover is an insured's right B The right to recover involves going after the negligent party to pay for the insured's loss C The person who