Actual Cash Value (ACV) is defined as _____ minus _____.
Replacement Cost, Depreciation
The Additional Coverage called Collapse covers the
collapse of an insured building as the result of any one of
the ______, plus collapse due to other losses, such as Hidden
Decay, Hidden Insect or Vermin Damage or the Weight of
People or Personal Property.
Broad Form perils
,The Additional Coverage called ____ would pay for the loss
of a building that falls down due to damage caused by
hidden insects or vermin, or caused by any one of the
named perils, like Fire.
Collapse
,The Additional Coverage's are ____ and do not cost extra.
But Coverage Extensions must be _____ by purchasing
coverage of at least __ percent of the building's
replacement cost.
Automatic, earned, 80
The Additional Coverage's include Debris Removal, Fire
Department Service Charges, ______ and Preservation of
Property.
Pollutant Clean-up And Removal
, After a loss, it is the First Named Insured's duty to ____
notify the Insurer.
Promptly
Again, Dwelling policies are available to homeowners who
____ their dwellings to others.
Rent
Replacement Cost, Depreciation
The Additional Coverage called Collapse covers the
collapse of an insured building as the result of any one of
the ______, plus collapse due to other losses, such as Hidden
Decay, Hidden Insect or Vermin Damage or the Weight of
People or Personal Property.
Broad Form perils
,The Additional Coverage called ____ would pay for the loss
of a building that falls down due to damage caused by
hidden insects or vermin, or caused by any one of the
named perils, like Fire.
Collapse
,The Additional Coverage's are ____ and do not cost extra.
But Coverage Extensions must be _____ by purchasing
coverage of at least __ percent of the building's
replacement cost.
Automatic, earned, 80
The Additional Coverage's include Debris Removal, Fire
Department Service Charges, ______ and Preservation of
Property.
Pollutant Clean-up And Removal
, After a loss, it is the First Named Insured's duty to ____
notify the Insurer.
Promptly
Again, Dwelling policies are available to homeowners who
____ their dwellings to others.
Rent
