21. A professional writer, Genaro believes that the sublimit on manuscripts in his homeowners policy is inadequate. What can he do to increase this coverage? a. Add a Coverage B Increased Special Limits of Liability endorsement to his homeowners policy b. Add a Coverage C Increased Special Limits of Liability endorsement to his homeowners policy c. Add an unscheduled personal property endorsement to his homeowners policy d. Add an endorsement to his policy that provides replacement 23. The personal property coverage in a standard homeowners policy does not have a. a coinsurance provision or other insurance-to-value requirement. b. actual cash value coverage. c. blanket coverage on unscheduled items. d. limits high enough to cover most home owners' personal property. 5. Candace's homeowners policy (a 2011 edition of Insurance ervices Office, Inc.'s standard form HO 3) has a $200,000 limit on e coverage that applies to her dwelling building (Coverage A ). efore putting the house up for sale, Candace decluttered it and laced quite bit of her personal property into a storage locker. How iuch coverage, if any, would apply to the stuff in Candace's storage cker if it should be damaged or destroyed by a covered cause of ss? 26. Karl is mugged while vacationing in Times Square, and his wallet is stolen. Although Karl had not left home without his American Express credit card, he was also carrying $500 in cash. How much, if anything, will Karl's standard homeowners policy (2011 edition) with no applicable endorsements cover? a. $50 b. $100 c. $200 d. $500 29. Vince is purchasing a dog as a family pet and wants to be certain he takes the proper precautions to avoid injury to his children or others. Which of the following is not an action he can ake to control the risks? a. Send the dog to obedience training b. Avoid keeping the dog in a fenced yard c. Neuter or spay the animal d. Seek a veterinarian's advice if the dog suddenly become aggressive homeowners policy 25. Candace's homeowners policy (a 2011 edition of Insurance Services Office, Inc.'s standard form HO3 ) has a $200,000 limit on the coverage that applies to her dwelling building (Coverage A). Before putting the house up for sale, Candace decluttered it and placed quite bit of her personal property into a storage locker. How much coverage, if any, would apply to the stuff in Candace's storage locker if it should be damaged or destroyed by a covered cause of loss? a. None b. $1,000 c. $10,000 d. $20,000 35. After over-imbibing at a cocktail party he hosts for clients of his home-based business, Tommy seriously offends Rosalyn, one of his clients, by making some disparaging remarks about the quality of her services. Tommy probably has coverage for Rosalyn's subsequent slander suit for damages if Tommy's homeowners policy includes a a. host liquor liability coverage endorsement. b. liquor liability exclusions and exceptions for scheduled activities endorsement. c. personal injury endorsement. d. professional liability endorsement. 36. Because she operates a small home-based business, Rosario would like to add the Home Business Insurance Coverage ( HO0701 ) endorsement to her homeowners policy. However, she discovers that her business is not eligible for this endorsement because the business a. has four employees. b. has $200,000 in gross annual revenues. c. involves children's clothing. d. is operated from the residence premises listed in her homeowners policy declarations. 0. Nettie's boa constrictor is kept in a specially built enclosure in er family room. As the owner of an exotic pet, Nettie would be ell-advised to take all the following risk management measures XCEPT: a. carefully read her homeowners policy to make sure no liability exclusions apply. b. have her pet declawed. c. make sure her pet's enclosure is sound and has sturdy locks. d. never permit children to play with her pet. 31. Alyssa should probably carry at least a $2 million personal umbrella policy because she has a higher-than-normal exposure to being sued due to her a. high profile in the community. b. limited stock portfolio. c. sharp tongue. d. Social Security income level. 32. Which of the following should most seriously consider a specialized horse liability policy? a. Burl, who operates a horseback-riding school b. Donna, a 4-H member who ehters her colt in a competition at the state fair c. Nicholas, who operates the carousel at an amusement park 4. Winnie, who sometimes rides her pony in a parade 35. After over-imbibing at a cocktail party he hosts for clients of his home-based business, Tommy seriously offends Rosalyn, one of his clients, by making some disparaging remarks about the quality of her services. Tommy probably has coverage for Rosalyn's subsequent slander suit for damages if Tommy's homeowners policy includes a a. host liquor liability coverage endorsement. b. liquor liability exclusions and exceptions for scheduled activities endorsement. c. personal injury endorsement. d. professional liability endorsement. 36. Because she operates a small home-based business, Rosario would like to add the Home Business Insurance Coverage ( HO0701 ) endorsement to her homeowners policy. However, she discovers that her business is not eligible for this endorsement because the business a. has four employees. b. has $200,000 in gross annual revenues. c. involves children's clothing. d. is operated from the residence premises listed in her homeowners policy declarations. 33. Because Donna has trained her pet poodles to perform a variety of stunts, she is frequently asked to have them perform at various public events, and she charges a fee for each such appearance. Donna should add the Home Business Insurance Coverage (HO 07 01) endorsement to her homeowners policy if her annual income from these performances is a. \$100. b. $500. c. $1,000. d. $5,000. 34. Cindy, a hairdresser, operates a hair salon in her home's basement. She purchases a businessowners policy with no endorsements to protect her business against all the following EXCEPT: a. business income and extra expense losses. b. losses to her business property. c. premises liability claims from clients who are injured because of conditions on her premises. d. professional liability claims that may result from her hair treatments. 31. Alyssa should probably carry at least a $2 million personal umbrella policy because she has a higher-than-normal exposure to being sued due to her a. high profile in the community. b. limited stock portfolio. c. sharp tongue. d. Social Security income level. 32. Which of the following should most seriously consider a specialized horse liability policy? a. Burl, who operates a horseback-riding school b. Donna, a 4-H member who ehters her colt in a competition at the state fair c. Nicholas, who operates the carousel at an amusement park d. Winnie, who sometimes rides her pony in a parade