Georgia Property and Casualty Insurance Exam Questions and Answers (Latest Update A+)

Georgia Property and Casualty Insurance Exam Questions and Answers (Latest Update A+)
Question : BPP building coverage
CORRECT ANSWER: insures the building at the described
location, outdoor, fixtures, furnitures, items used to service
the property, permanently installed machinery and equipment,
and additions under construction, including the materials,
supplies, and equipment.
Question : HO limits of property at other residences
CORRECT ANSWER: the larger of $1000 or 10%
Coverage C. Limit does not apply if property is moved
because the residence premise is being repaired or rebuilt.
When property is moved to newly acquired residence, the
limit shown on declaration will apply on a proportional basis
to each residence
Question : Dwellings under construction
CORRECT ANSWER: The limit of liability for a dwelling
under construction is provisional, and is based on the 

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