Review Questions
The ISO dwelling program has several forms. Describe the characteristics of each of the following:
Dwelling Property 1 (basic form)
Dwelling Property 2 (broad form)
Dwelling Property 3 (special form)
Explain how personal liability insurance can be added to a dwelling policy.
Describe the basic characteristics of inland marine floaters.
A personal articles floater (PAF) provides broad protection for valuable personal property. Give three examples of property that might require coverage under a PAF instead of a standard homeowners policy.
Identify the coverages found in a typical boatowners package policy.
Why are buildings in flood plains difficult for private insurers to insure?
The National Flood Insurance Program (NFIP) has ...
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