Which one of the following losses would be covered under a typical broad form property policy but not under a basic form policy?

Which one of the following losses would be covered under a typical broad form property policy but not under a basic form policy?



A. A large limb from a decaying tree falls onto a building causing damage to the building.
B. A sinkhole collapse damages a building.
C. Maintenance workers accidentally bang a ladder against a sprinkler head, which discharges, causing water damage to a building.
D. The sudden malfunction of the oil-burning furnace discharges grimy, sooty smoke throughout a building, damaging its interior.


Answer: A. A broad form policy would cover damage caused by a falling tree limb.

Popular posts from this blog

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need:

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need: Answer: A bail bond Jim will most likely need to post bail to be allowed out of jail before his court date.  Bail is a set amount of money an arrested individual must pay the court to guarantee they will appear for their scheduled hearings and trial dates. By posting bail, Jim can secure his release from jail pending his court appearances. There are several options for posting bail: Cash Bail : Jim or someone on his behalf can pay the total bail amount in cash directly to the court. Once the case is resolved, the bail money is returned minus any fees or fines imposed by the court. Bail Bond : If Jim or his family cannot afford to pay the full bail amount, they may use a bail bond service. A bail bondsman typically charges a non-refundable fee, usually a percentage of the total bail amount, in exchange for posting the full bail amount on Jim's behalf. Th...
Read more