DC DC Commercial Insurance

Question 1

In the District of Columbia, a Business Owners Policy (BOP) typically combines which two key coverages?

Accepted Answer

Commercial property and commercial general liability

Answer

Commercial auto and workers' compensation

Answer

Professional liability and cyber liability

Answer

Directors and officers liability and employment practices liability

Question 2

Which DC commercial insurance policy protects a business against claims of bodily injury or property damage caused by its operations, products, or completed work?

Accepted Answer

Commercial general liability (CGL) insurance

Answer

Commercial property insurance

Answer

Commercial auto insurance

Answer

Inland marine insurance

Question 3

A DC restaurant's liquor liability policy would respond to claims arising from:

Accepted Answer

Injuries caused by an intoxicated patron served at the restaurant

Answer

Fire damage to the restaurant's kitchen equipment

Answer

Employee theft of cash from the register

Answer

A slip-and-fall in the restaurant parking lot

Question 4

What does a DC commercial umbrella policy primarily provide?

Accepted Answer

Excess liability coverage above the limits of underlying policies

Answer

First-dollar coverage before other policies respond

Answer

Replacement cost coverage for commercial buildings

Answer

Coverage for employees injured on the job

Question 5

A DC technology firm wants coverage for losses from a data breach exposing customer records. Which policy should it purchase?

Accepted Answer

Cyber liability insurance

Answer

Commercial property insurance

Answer

Professional liability insurance

Answer

Commercial crime insurance

Question 6

Under a DC commercial general liability policy, the 'occurrence' trigger means coverage applies when:

Accepted Answer

The bodily injury or property damage occurs during the policy period, regardless of when the claim is filed

Answer

A claim is first made during the policy period

Answer

The insured reports the incident to the insurer during the policy period

Answer

The lawsuit is filed during the policy period