Homeowners

Question 0

Which home owners policy has the least amount of coverage

Answer 0

HO-8

Question 1

And a homeowners policy persons insured would include

Answer 1

All residents who are related to the name insured
A nonresident minor being care for other name insured
A legal representative of deceased names in insured

Question 2

HO4 provide. coverage on the dwelling and broad peril coverage on personal property

Answer 2

No

Broad

Question 3

The following laws would not be covered under the HO2 & H03 owner form

Answer 3

Flood damage to the home

Question 4

Plumbing under the kitchen sink of the insured condo comes loose and leaks water all over the floor the repair person has to tear out the floor under the sink to repair the holes the cabinet is also damage what would the insured HO6 cover

Answer 4

All of the loss is covered except the hose

Question 5

Which policy does not cover flood coverage

Answer 5

H03 policy

Question 6

What is true about additional coverages

Answer 6

They are included at no extra cost

Question 7

The home owner six provides which kind of coverage on personal property

Answer 7

Broad

Question 8

And insured television set is damaged while at a repair shop the interest of the repair shop is not covered because of which of

Answer 8

No benefit to Beilee

Question 9

Insured diamond ring valued at $10,000 has been destroyed in a fire they are insured by a HO3 policy what is the responsibility of the insurance company and respect to this loss

Answer 9

Pay the actual cash value of the ring

Question 10

Undercover chef medical payments of homeowners program what time limit for expenses to be covered following an accident

Answer 10

Three years

Question 11

Medical payments under a home owners policy are available for it expenses resulting from an injury to

Answer 11

Resident employee

Question 12

Which are the following would be excluded under covers eat personal liability under owners forum business activities use of aircraft personal activities in Paris use of license motor vehicle

Answer 12

Business activity
use of aircraft
use of license motor vehicle

Question 13

The basic limit for medical payments under coverage F of HO forms is normally

Answer 13

$1000 per person

Question 14

And insurers television set is damaged while at a repair shop the interest of the repair shop is not covered because of which of the following clauses

Answer 14

No benefit to Bailee

Question 15

In the event of a dispute between insurer and insured concerning the value of a property settlement the following homeowners condition would apply

Answer 15

Appraisal

Question 16

Under homeowners policy personal property used for business purposes is

Answer 16

Covered up to $2500 or premises and up to $500 off premises

Question 17

Which of the following would be covered under section 2 liability of homeowner policy

Answer 17

Damage to rented premises occupied by the insured cost by fire

Question 18

Relocation expenses

Answer 18

Are not covered under section 2 of the homeowners policy

Question 19

Damage to a rented premises occupied by the insured caused by fire

Answer 19

Would be covered under section 2 liability of homeowners policy

Question 20

Claims expenses under section 2 of the home owners policy would include the following

Answer 20

Premium on bonds required in a suit the company defense
Investigation costs
Reasonable expenses incurred at the companies request

Question 21

What is the loss assessment limit provided by section 2 of the homeowners policy

Answer 21

$1000

Question 22

What endorsement shouldn’t insured at to their homeowners policy to cover the replacement of contents

Answer 22

A personal property replacement cost endorsement

Question 23

An insured covered under a homeowners policy is in the process of declaring bankruptcy what are the insurance obligation of the insured has a covered claim

Answer 23

All covered claims must be honored