2-20 Final

If John has an HO-3 policy with $200,000 in Coverage A, and due to a loss he is unable to occupy his home, how much would Coverage D provide?

10%

The failure to exercise that degree of care that the law requires to protect others from an unreasonable risk of harm or the failure to act as a prudent person would have acted under similar circumstances is known as what?

What insures an individual for financial losses which arise out of the person's responsibilities to others imposed by law or contract.

Of the options listed below, which one is not eligible for an HO-4 policy?

-Coverage A Dwelling building and structures attached, as well as construction materials and supplies on or adjacent to the premises -Coverage B other structures

If John, while helping Robert move to his new home, accidentally drops Robert's entertainment system and it is damaged beyond repair. It will cost $950 to replace it. Will John's HO-2 policy provide coverage?

yes up to $2500