Question
Barney Watson has a Homeowners (HO) policy that is the same as your sample policy. One day, he moved some cleaning fluids from an upstairs
Barney Watson has a Homeowners (HO) policy that is the same as your sample policy. One day, he moved some cleaning fluids from an upstairs cabinet down to his garage. But the cleaning fluids leaked out of their containers, damaging the flooring in Barneys bedroom, hallways, and living room. Is Barney entitled to any compensation for this damage to his dwelling under Section I of his Homeowners policy? Select one: a. Nothis was a maintenance loss, which is not covered under Barneys policy b. Yesthis damage qualifies as direct physical loss and no exclusion applies c. Yesbut only up to $1,000 under the loss assessment additional coverage d. Nothis wasnt covered by a peril named under Barneys policy
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started