Homeowners Liability Coverages Flashcards
Who is an insured for liability on a homeowners policy?
Named insured and their resident spouse
Resident relatives
Persons under 21 in your care
Full time relative student under 24
Full time student under 21 that lived in your home
Anyone legally responsible for your animals
Anyone legally responsible for your watercraft
Anyone doing work for you
What is an insured location?
Residence premises
Other residences used by insured on Dec sheet
Other residences acquired during policy period
Temporary stays (hotels, vacation rental home, etc)
Vacant land owned by an insured
Land where dwelling is being built
Premises rented to an insured on occasion (like an event venue)
What types of liability is covered on an unendorsed ISO form?
Bodily Injury
Property Damage
Not Personal Injury, that has to be endorsed onto the policy
What are the two liability insuring agreements on a homeowners policy?
- Personal Liability (Coverage E)
- Medical Payments to others (Coverage F)
Do defense cost erode the limit of insurance on Coverage E of the homeowners policy?
No
What does the coverage added by the Personal Injury Coverage endorsement provide?
False arrest, detention, or imprisonment
Malicious prosecution
Wrongful eviction
Libel or Slander
What does Coverage F provide coverage for?
Medical payments to others, regardless of who is at fault
What are the main exclusions for liability on a homeowners policy?
Motor Vehicle liability (if it should be covered by an auto policy)
Watercraft liability (sailboat over 26 feet or motor over 25 HP are excluded)
Aircraft Liability (Drones generally not excluded)
Hovercraft Liability
What are the other types of exclusions on coverages E and F on a homeowners policy?
Expected or Intended injury
Business
Professional Services
Insured premises not insured location
War
Communicable Disease
Sexual Molestation, Corporal Punishment or Physical or Mental Abuse
Controlled substance
What exclusions are added to Coverage E on a homeowners policy
Liability for loss assessment and contractual liability
Property damage to property owned by an insured
Property damage to property rented to an insured (except for fire, smoke, and explosion)
Bodily Injury to persons eligible for workers compensation
Bodily Injury to an insured
What exclusions are added to Coverage F on a homeowners policy
Residence employee not in course of employment
Workers compensation
Nuclear loss
Certain residents of the insured location
