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21. Wiley's homeowners policy (standard form HO3 ) has a $200,000 limit on the coverage that applies to his dwelling building (Coverage A ). He
21. Wiley's homeowners policy (standard form HO3 ) has a $200,000 limit on the coverage that applies to his dwelling building (Coverage A ). He has no insurance on his lakeside cabin, but he does keep his fishing equipment there, along with some furniture and cooking equipment. How much coverage, if any, would apply to the stuff in Wiley's cabin if it should be destroyed in a wildfire that occurs when he is at home? (Search Chapter 2). a. None b. $1,000 c. $10,000 d. $15,000 22. Garry's homeowners policy (standard form HO 3) has a $200,000 limit on the coverage that applies to his dwelling building (Coverage A). Garry is moving to a new house when the moving van is involved in a fiery accident that completely destroys its contents. How much homeowners coverage, if any, would apply to Gary's stuff? (Search Chapter 2) a. None b. $1,000 c. $10,000 d. $100,000 23. Even though her homeowners policy (2022 edition) provides some watercraft coverage, Cynthia should consider a separate watercraft policy if she wants property coverage on her watercraft and related equipment with a total value of more than (Search Chapter 2) a. $100. b. $500. c. $1,000. d. $2,000. 21. Wiley's homeowners policy (standard form HO3 ) has a $200,000 limit on the coverage that applies to his dwelling building (Coverage A ). He has no insurance on his lakeside cabin, but he does keep his fishing equipment there, along with some furniture and cooking equipment. How much coverage, if any, would apply to the stuff in Wiley's cabin if it should be destroyed in a wildfire that occurs when he is at home? (Search Chapter 2). a. None b. $1,000 c. $10,000 d. $15,000 22. Garry's homeowners policy (standard form HO 3) has a $200,000 limit on the coverage that applies to his dwelling building (Coverage A). Garry is moving to a new house when the moving van is involved in a fiery accident that completely destroys its contents. How much homeowners coverage, if any, would apply to Gary's stuff? (Search Chapter 2) a. None b. $1,000 c. $10,000 d. $100,000 23. Even though her homeowners policy (2022 edition) provides some watercraft coverage, Cynthia should consider a separate watercraft policy if she wants property coverage on her watercraft and related equipment with a total value of more than (Search Chapter 2) a. $100. b. $500. c. $1,000. d. $2,000
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