HO Cram

Question 1

HO 2 Provides what type of coverage on A and C

Answer 1

Broad Form Named Peril basis.

Question 2

HO Tree or shrub

Answer 2

$500 hundo not included windstorm or hail losses

Question 3

HO 3 Debris removal

Answer 3

extra 5% of coverage B

Question 4

HO Med pay

Answer 4

$1000 no deductible

Question 5

HO coverage E dogs

Answer 5

yes covered

Question 6

HO EQ

Answer 6

excluded from all ho policies

Question 7

residence Premises

Answer 7

“think Group living” includes a 2-, 3-, or 4-family dwelling where the named insured resides in at least one of the family units.

Question 8

HO-5 personal property

Answer 8

Open Peril

broadest policy providing open peril Coverage on Coverages A, B, and C.

Question 9

HO trailer limit

Answer 9

$1,500

Question 10

HO Furs and Jewelry

Answer 10

$1,500

Question 11

HO Coverage C excludes

Answer 11

excludes property of roomers and boarders.

Question 12

HO coverage on Golf Cart

Answer 12

Must be on golf course; cant be to and from

Question 13

H08 form settles losses to building on

Answer 13

Functional Replacement

Question 14

Home Buisness endorsement

Answer 14

both property and liability overages

Question 15

Comprehensive Personal Liability Policy,

Answer 15

No business;
Neither a Comprehensive Personal Liability Policy nor Homeowners Policy automatically cover business exposures. Business exposures may be addressed by various endorsements.

Question 16

Section I HO Boat, whats covered

Answer 16

$1500 boat its trailer, motor and equipment

Question 17

How long HO coverage F medpayments

Answer 17

3 yrs pay for expenses incurred up to three years after the accident.

Question 18

Is Land covered on on HO section A

Answer 18

No

Question 19

Water Back Up endorsement

Answer 19

add $5000

Question 20

Additional Coverage of Property Removed

Answer 20

Open peril coverage for 30 days

Question 21

Home Day Care endorsement

Answer 21

Employees not covered

Injury to any employee arising out of the day care business is not covered

Question 22

HO coverage E Damage to property of others

Answer 22

Up to $1,000

Question 23

HO Severability of Insurance

Answer 23

Separate to each insured

homeowners policy states that insurance applies separately to each ‘insured.’

Question 24

Residential dwellings in HO

Answer 24

no more 4 residential units and 2 roomers or boarders per family

Question 25

HO limit on money

Answer 25

$200

Question 26

HO and credit or debit

Answer 26

Pay up to $500 unauthorized use

Question 27

Damage to Property of Others additional coverage

Answer 27

Intentional damage by a child under age 13 is covered.