Claims Adjuster Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

The phrase "collapse of building" is typically found in the insuring agreement section of a broad form insurance policy, as this part outlines the types of coverage provided by the policy. The insuring agreement specifies what risks are covered, including the circumstances under which a building may collapse, such as due to certain covered perils like structure failure resulting from specified causes.

This section provides clarity on the responsibilities of the insurer to the insured regarding building collapse situations, detailing how such incidents relate to the overall coverage framework. By including this phrase in the insuring agreement, policyholders can better understand the scope of their coverage when facing potential losses due to building collapses.

While the declaration page provides important policy information and the exclusions section outlines circumstances not covered, these areas do not typically include specifics on losses that the policy does cover. The conditions section mainly stipulates the obligations of both the insurer and insured rather than detailing the coverage areas.