15. With respect to perils covered, what is the main difference between a Homeowners 2 (H02) and Homeowners 3 H03) policy? A. HO2 covers losses for those perils named in the policy; HO3 covers losses for all perils not specifically excluded by the policy. b. HO2 covers losses for all perils not specifically excluded by the policy; HO3 covers losses for those perils named in the policy. C. HO2 offers split-limits liability coverage for named perils; HO3 offers single limit liability coverage for named perils. D. There is no difference in how HO2 and H03 defines and covers perils. 16. You rent an apartment while attending school in downtown Atlanta. If you want to protect your clothes, shoes, and electronics from potential damage by fire, what should you purchase? A. An HO2 policy B. An H04 policy C. An H06 policy D. An H08 policy