Manufactured Homes
These are the 3 types of occupancies that are eligible under the MFH program.
What is owner, seasonal, and tenant?
A 20-year-old houseboat needs this documentation to be eligible for a boatowners policy
What is a Marine Survey?
This PAP item is the only item not covered anywhere in the world
What is Fine Arts?
This endorsement can be added when an insured rents a boat short term, such as on a vacation
What is Boat Rental Liability
This is the loss settlement option used for a MFH with a model year of 2015
What is Actual Cash Value (ACV)
True or False - Rented manufactured homes owned by an LLC are eligible?
False
What is safety course certification?
E-bikes are acceptable under a PAP, as long as the motor does not exceed this
What is 1hp (746 watts) and a top speed capability of no more than 20mph
Janet lives in Scottsdale, Nina lives in Gilbert. They decide to purchase a manufactured home in Flagstaff together, which they can both use to escape the summer heat. This endorsement will be applied to the MFH policy
What is False. Agency will need to complete the Request New Park survey for consideration of park approval before we can write the risk.
These are the questions that agency should ask the applicant when writing a manufactured home.
What is the model year of the MFH and have there been any losses?
True or False - damage caused by repair, servicing, or maintenance is covered under the Boatowners policy
False
This optional coverage is typically only available for earrings and wedding rings, but can be combined with a necklace
What is Option Q? Or What is pair and set coverage?
This endorsement can be written on a PAP for people who live and travel in their motor home full time
What is Personal Effects
Max has a collection of coins that are valued based on their weight in gold. This is an example of what kind of property class
What is ineligible for a PAP
Coverage B is reduced to this amount when the rental endorsement is present on the MFH
What is 5%?
An inflatable boat should be classified as this boat type
What is runabout boat type with an outboard motor or drive type
This endorsement is NOT available in California
What is Wine Collections
To be eligible for Childcare Liability Endorsement, the NI can care for no more than this many children at one time (not including children who are a part of the insured's household).
What is 6?
True or False - is a boat trailer covered under the boat policy?
What is True
This is the park class used if a MFH is not located inside a park
What is park class 2?
BONUS: these 2 boat types could qualify under PAP Sporting Equipment, OR insured as personal property under a residential policy
What are kayaks and canoes
An appraisal is required when an item of Jewelry is valued over this amount
What is $12,500
David owns a shed, which is located off of his residence premises. Which endorsement can we add to his MFH policy for that shed to be covered?
Bonus question - how much can agents bind for this?
What is Off Premises Structure
Bonus answer - What is $25,000 (AZ)
A boatowners policy may qualify for the Previous Owner Credit, provided these qualifications are met
What is All NI's must have owned a similar type of boat for more than 1 year preceding the policy