Question 1

Which document might be required if a client discloses tenants in the home?

Accepted Answer

Rented Dwelling Questionnaire

Answer

Signed OPCF 29 form

Answer

No Business Use form

Answer

Proof of income for the tenants

Question 2

Which of these is NOT a red flag?

Accepted Answer

Client states that the roof was updated 10 years ago

Answer

Client operates a hair salon out of the home

Answer

Homeowner discloses knob-and-tube wiring

Answer

Wood burning appliance in the garage

Question 3

What is a common concern with row homes built prior to 1980?

Accepted Answer

Lack of fire resistive walls between units

Answer

Windows that have not been properly updated

Answer

They are typically located in high-risk neighborhoods

Answer

They have an aluminum siding exterior

Question 4

What is underwriting?

Accepted Answer

The process of evaluating and assessing risks associated with insuring a person or entity

Answer

The premium amount paid to get an insurance policy

Answer

The act of filing an insurance claim

Answer

The process of canceling an insurance policy

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