Florida Insurance Claims Adjuster License Practice Exam

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The Builders Risk coverage form covers:

  1. Contractors

  2. Buildings under construction

  3. Investors

  4. Builders

The correct answer is: Buildings under construction

The Builders Risk coverage form covers buildings that are under construction. This type of insurance policy is designed to protect the physical structure of a building while it is being built or renovated. Option A is incorrect because it only covers contractors, while Option C is incorrect because it only covers investors. Option D is incorrect because it only covers builders, not the actual building itself. Therefore, the best answer is Option B, as it specifically covers the buildings being constructed.

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