Earthquake Endorsement
True or False: In Alabama, the earthquake deductible for HO4 and HO6 is 5% of Coverage C.
True
Which resource should you review for guidelines on dog coverage and animal liability in California?
A. Homesite HO3 Policy Declarations
B. California Reopening for Costco – Overview
C. Coverage E Limits and Deductibles Job Aid
D. Claims Defense and Settlement Procedures Manual
B. California Reopening for Costco – Overview
True or False?
CA Homesite policy offers no protection for earthquakes
True
What coverage options are available for coverage E?
$100K
$300K
$500K
All Of the Above
None Of the Above
All of the above
True or False:
Earthquake coverage applies to earthquake damage caused by fracking activities (such as wastewater injection or hydraulic fracturing) and also covers flood or tidal wave damage even if caused or contributed to by an earthquake.
False. The exclusions state that flood/tidal wave damage (even if caused or contributed to by earthquake) is excluded, and earthquake damage resulting from “fracking” is also excluded
Which statement BEST describes how Homesite (AmFam-Connect) Coverage E responds to a liability claim?
A. The deductible applies to Coverage E, and defense costs reduce the Coverage E limit.
B. Homesite pays damages only after a court judgment is entered and will not settle before trial.
C. Homesite may investigate and settle as appropriate, provides defense at its expense (even if the suit is groundless), includes prejudgment interest, and defense costs do not reduce the Coverage E limit.
D. Coverage E applies only to bodily injury (not property damage) and provides no defense unless the insured is found legally liable.
C. Homesite may investigate and settle as appropriate, provides defense at its expense (even if the suit is groundless), includes prejudgment interest, and defense costs do not reduce the Coverage E limit.
Which statement correctly describes where coverage is provided under this provision?
A. Within the applicable limits of liability in Section I (Coverages A, B, C, and D)
B. Within the applicable limits of liability in Section II (Coverages E and F)
C. Within the applicable limits of liability in Section I (Coverages E and F)
D. Within the applicable limits of liability in Section II (Coverages A, B, C, and D)
A. Within the applicable limits of liability in Section I (Coverages A, B, C, and D)
True or False?
A Deductible applies for personal liability coverage.
False
Which statement is TRUE about Homesite HO3, HO4, and HO6 policies?
A. They provide coverage for losses caused by earth movement.
B. They exclude coverage for losses resulting from earth movement.
C. Only HO3 excludes coverage for earth movement; HO4 and HO6 provide coverage.
D. Earth movement losses are covered only if the home is newer than 10 years old
B. They exclude coverage for losses resulting from earth movement.
Which statement correctly reflects the underwriting requirements and actions for Coverage E and Coverage F for high risk dogs?
A. Coverage E must be $300,000 and Coverage F must be $5,000; if higher during the Underwriting Review Period, liability is reduced at renewal.
B. Coverage E must be $100,000 and Coverage F must be $1,000; if either is higher during the Underwriting Review Period, the policy will be cancelled. If higher outside the Underwriting Review Period, liability will be reduced at renewal (if allowed by state guidelines).
C. Coverage E must be $100,000 and Coverage F must be $1,000; if either is higher at any time, the policy is always cancelled immediately.
D. Coverage E and Coverage F limits are optional; if higher than guideline amounts, no action is taken.
B. Coverage E must be $100,000 and Coverage F must be $1,000; if either is higher during the Underwriting Review Period, the policy will be cancelled. If higher outside the Underwriting Review Period, liability will be reduced at renewal (if allowed by state guidelines).