Property and Casualty Insurance License Exam Cram™

Chapter 7. Dwelling Insurance

Terms you'll need to understand:

• Dwelling

• Other structures

• Personal property

• Fair rental value

• Removal coverage

• Debris removal

• Additional living expenses

• Personal liability

• Medical payments

Concepts you'll need to master:

• Basic coverage

• Broad coverage

• Special coverage

• Extended coverage

• Other coverages

• Replacement cost coverage

• Broad theft coverage

• Limited theft coverage

• Additional coverages

• Automatic increase in insurance

• Dwelling under construction

A Dwelling policy provides protection for individuals and families against loss to their dwelling and personal property. If you're already familiar with homeowners insurance, which also covers dwellings and personal property, you might wonder what the difference is between the two types of ...