homeowners Flashcards

1
Q

what method is HO2, HO3 and H05 covered?

A

Replacement for dwelling

ACV for Contents

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2
Q

what method for h08?

A

ACV on both

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3
Q

what forms are the perils covered under the broad form and named perils?

A

H02, h04, h06, h08

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4
Q

under ho3 how are the perils covered?

A

open for dwelling, broad and named for contents

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5
Q

what is the standard deductible for HO?

A

$250

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6
Q

under h04 what percentage of coverage c is covered?

A

10%

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7
Q

what percentage of coverage b of coverage A covered?

A

10%

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8
Q

what percentage of coverage c is covered by coverage A?

A
  1. 50 %of coverage A
  2. 3 family home 30%
  3. 4 family 25%
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9
Q

what percentage of coverage d is covered by coverage A?

A

30%

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10
Q

what percentage of h08 is covered?

A

10%

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11
Q

under an h04 which coverage is available and what percentage of coverage d?

A

coverage a - no
coverage b- no
coverage c-
coverage d- 30% of coverage c

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12
Q

under an h06 what coverage is available and what percentage of coverage c?

A

coverage a only $1,000
coverage b- no
Coverage c
coverage d- 40% of coverage C

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13
Q

what is section II called?

A

liability

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14
Q

what is coverage e for?

A

personal liability

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15
Q

what is the limit on coverage e?

A

100,000 per occurence

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16
Q

what is coverage f?

A

medical payments to others within three years

17
Q

what is the standard deductible for coverage f?

A

$1,000

18
Q

how much is money covered for?

A

$200

19
Q

how much is securities covered for?

A

1,500

20
Q

how much is trailers covered for?

A

1,500

21
Q

how much is property away from premises for business purposes covered?

A

2,500

22
Q

how much is electronics covered for?

A

1,500

23
Q

how much is jewelery covered for?

A

1,500

24
Q

how much is silverware covered for?

A

2,500

25
Q

how much is firearms covered for

A

2,500

26
Q

how many days is property removed covered for?

A

30 days

27
Q

how many days is vandalism covered for a vacant property?

A

60 days

28
Q

under an h02,3,5 and 8 how is the policy limited for coverage b calculted?

A

1-2 family dwellings 10% of coverage A

3-4 family dwellings 5% of coverage a

29
Q

under and Ho2,3,5 and 8 how is the limit for coverage c calculated?

A

1-2 family dwellings 50% of a
three family dwellings 30% of coverage a
four family dwellings is 25% of coverage a

30
Q

under H02,3,5 and 8 how is coverage d calculated?

A

Ho2, 3 and 5 is 30% of coverage A

ho8 is 10% of coverage a

31
Q

under ho4 and ho6 how is coverage a calculated?

A

this is only for h06 only $1,000

32
Q

under ho4 and ho6 how is coverage b calculated?

A

not available

33
Q

under h04 and ho6 how is coverage d calculated?

A

h06- 50% of coverage C

ho4- 30% of coverage C

34
Q

feet of watercraft endorsement

A

26 feet long and 25 horsepower