Homeowners insurance

Question 1

3 types of single family homeowners insurance

Answer 1

HO-02 broad form basic
HO-03 special firm better
HO-05 comprehensive best

Question 2

Historic homes coverage

Answer 2

HO-08 modified (less coverage)

Question 3

Renters coverage

Answer 3

HO-04 contents broad firm (contents only)

Question 4

Condo coverage

Answer 4

HO-06 (studs in)

Question 5

6 parts to homeowners insurance policy

Answer 5

Part 1 property: coverage ABC&D

Part 2 liability: coverage E&F

Question 6

Property coverage A

Answer 6

A is for address (structure)

Question 7

Property coverage B

Answer 7

Backyard. Other structures like sheds and fences

Question 8

Property coverage C

Answer 8

Crap. Your stuff

Question 9

Property coverage D

Answer 9

Damage or destroyed. Cost of living expenses when there is loss of use

Question 10

coverage E

Answer 10

Exposure. Liability for bodily injury or property damage

Question 11

Coverage F

Answer 11

Fractured femurs. Liability but covers injuries regardless of fault/liability.

Question 12

HO-15

Answer 12

Can be added to a HO-03 to provide open perils coverage. Remember 3x5=15