Which one of the statements is correct with respect to the Building and Personal Property Coverage Form (BPP)? Any type of personal property can be insured under the BPP. The BPP includes satisfactory coverage for physical damage to automobiles owned by the named insured. The Covered Property section is the only section that must be read in order to determine whether a specific kind of property is insured. Some property, such as building foundations below the lowest basement floor, is excluded because it may not be subject to loss by the perils insured against.

Answered: Which one of the statements is correct…

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Which one of the statements is correct with respect to the Building and Personal Property Coverage Form (BPP)?

		Any type of personal property can be insured under the BPP.
		The BPP includes satisfactory coverage for physical damage to automobiles owned by the named insured.
		The Covered Property section is the only section that must be read in order to determine whether a specific kind of property is insured.
		Some property, such as building foundations below the lowest basement floor, is excluded because it may not be subject to loss by the perils insured against.

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