homeowners Flashcards
what method is HO2, HO3 and H05 covered?
Replacement for dwelling
ACV for Contents
what method for h08?
ACV on both
what forms are the perils covered under the broad form and named perils?
H02, h04, h06, h08
under ho3 how are the perils covered?
open for dwelling, broad and named for contents
what is the standard deductible for HO?
$250
under h04 what percentage of coverage c is covered?
10%
what percentage of coverage b of coverage A covered?
10%
what percentage of coverage c is covered by coverage A?
- 50 %of coverage A
- 3 family home 30%
- 4 family 25%
what percentage of coverage d is covered by coverage A?
30%
what percentage of h08 is covered?
10%
under an h04 which coverage is available and what percentage of coverage d?
coverage a - no
coverage b- no
coverage c-
coverage d- 30% of coverage c
under an h06 what coverage is available and what percentage of coverage c?
coverage a only $1,000
coverage b- no
Coverage c
coverage d- 40% of coverage C
what is section II called?
liability
what is coverage e for?
personal liability
what is the limit on coverage e?
100,000 per occurence
what is coverage f?
medical payments to others within three years
what is the standard deductible for coverage f?
$1,000
how much is money covered for?
$200
how much is securities covered for?
1,500
how much is trailers covered for?
1,500
how much is property away from premises for business purposes covered?
2,500
how much is electronics covered for?
1,500
how much is jewelery covered for?
1,500
how much is silverware covered for?
2,500
how much is firearms covered for
2,500
how many days is property removed covered for?
30 days
how many days is vandalism covered for a vacant property?
60 days
under an h02,3,5 and 8 how is the policy limited for coverage b calculted?
1-2 family dwellings 10% of coverage A
3-4 family dwellings 5% of coverage a
under and Ho2,3,5 and 8 how is the limit for coverage c calculated?
1-2 family dwellings 50% of a
three family dwellings 30% of coverage a
four family dwellings is 25% of coverage a
under H02,3,5 and 8 how is coverage d calculated?
Ho2, 3 and 5 is 30% of coverage A
ho8 is 10% of coverage a
under ho4 and ho6 how is coverage a calculated?
this is only for h06 only $1,000
under ho4 and ho6 how is coverage b calculated?
not available
under h04 and ho6 how is coverage d calculated?
h06- 50% of coverage C
ho4- 30% of coverage C
feet of watercraft endorsement
26 feet long and 25 horsepower
