Property Flashcards
The most a HO policy will pay for a liability slip and fall claim under section II of the policy is:
$25,000
Section II of the HO policy covers:
Medical Payments
The HO forms do not include a special limit for:
Clothing
While on vacation, an insured suffered a fire loss to his personal property which he had taken with him on the vacation. His DP-3 will cover this loss in which manner?
The loss will not be covered
A Dwelling policy may be used if the structure has a maximum of how many boarders?
5
What does Section I of the HO NOT cover?
Bodily Injury Liability
Acts of the homeowner’s dog are covered by what section of the homeowner policy
Section II
What HO coverage does not have a deductible?
Personal Liability
Size a home has to be
10 feet wide and 40 feet long; 400 square feet
Under Section II of the HO policy, Med Pay will cover a claim:
Regardless of liability
Which policy provides special coverage on the dwelling and broad form coverage on personal property?
HO-3
In the evenings, Nancy runs a baby-sitting service in her home. She cheerfully babysits neighborhood kids because she loves the kiddies. She never charges for this service. If a child is injured in her home, Nancy’s HO policy’s Section II coverage limit for such a claim is:
100,000
The HO policy which provides the best coverage for an owner who occupies a single-family home is the:
HO-5
Which provides the broadest coverage for the dwelling and contents?
HO-3
Four trees valued at $200, $500, $700 and $800 were destroyed by fire. The HO-5 will cover this loss to a total of:
$1700
The HO-5 policy provides:
both Coverage E (Personal Liability) and Coverage F (Medical Payments)
The wind blows the Insured’s tree over, resulting in damage to the Insured’s home and car. The Insured’s HO-3 will cover the damage to the Insured:
Home
While at the lake, my boat could be destroyed by fire, striking another boat, lightning, sinking, etc. If the boat is destroyed, my HO Insurer will pay a maximum of:
The policy limit
If the insured’s dog bites a jogger, the HO will pay a maximum of defense costs plus:
$100,000
Which Homeowners policy is used when the cost to rebuild the home would cost more than the market value of the home?
HO-8
The HO’s Supplementary (Additional) Payments pays:
In addition to the limits of liability
Which of the following boats owned by the Insured would be covered under the Insured’s Homeowners policy?
a boat with a 20 horsepower outboard engine
A Mobile Home policy covers a detached garage:
to 10% of A (with at least $2,000 coverage)
