FALSE: the dwelling & contents are both covered on an open perils basis. Describe the loss settlement basis for a fire damage claim to a dwelling insured under a DP-3 policy? Replacement cost up to the Coverage A limit. Special form ...
To be able to differentiate between three different dwelling coverage forms. To understand definitions of the perils To understand Features of the Dwell…
In the event of a catastrophic incident like a fire or tornado, the dwelling coverage portion of your homeowners’ insurance policy helps you rebuild your home. This part of your coverage protects your home’s actual structure. If you imagine turning your home upside down and shaking it, dwell...
your dwelling coverage pays to rebuild the structure of your home in the event that it is damaged by a covered loss. Dwelling coverage is the part of homeowners insurance that pays to repair or rebuild your home if it's damaged by a covered event, such as a fire or windstorm. Also call...