How many units does the Dwelling Policy allow for coverage?

Master the USAA Licensing Exam. Enhance your skills with multiple choice questions and expert explanations. Prepare effectively for your licensing success with our comprehensive tools!

Multiple Choice

How many units does the Dwelling Policy allow for coverage?

Explanation:
The Dwelling Policy provides coverage for properties that are typically considered residential and can include a variety of dwelling structures. Specifically, it allows for coverage of up to four units. This means that a dwelling policy can cover a single-family home, a two-family home (duplex), a three-family home, or a four-family home (fourplex). This limitation is important because coverage is tailored for properties that do not primarily serve commercial purposes or as larger multi-family units. Options beyond four units exceed the scope of the Dwelling Policy, which is designed for lower-density residential housing. Thus, four units is the maximum limit established by this particular policy type, making it the correct answer.

The Dwelling Policy provides coverage for properties that are typically considered residential and can include a variety of dwelling structures. Specifically, it allows for coverage of up to four units. This means that a dwelling policy can cover a single-family home, a two-family home (duplex), a three-family home, or a four-family home (fourplex).

This limitation is important because coverage is tailored for properties that do not primarily serve commercial purposes or as larger multi-family units. Options beyond four units exceed the scope of the Dwelling Policy, which is designed for lower-density residential housing. Thus, four units is the maximum limit established by this particular policy type, making it the correct answer.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy