For each of the questions below, indicate how you would respond. Your answers should include reference to specific homeowner's coverages, exclusions, or endorsements. a. Which HO form is better for most policyholders from a coverage standpoint: the HO 2 or the HO 3? Be sure to explain the rationale for your answer. Your Answer Here: b. List and briefly explain the property and liability coverages provided by the HOMEBIZ endorsement. What type of businesses would not qualify for this endorsement? Be sure to provide examples to illustrate your answer. Your Answer Here: c. If a homeowner participates in a home-sharing service and rents their house occasionally to others, the standard HO 3 does not provide any coverage for this exposure. Explain why, in your opinion, this exclusion is included in the homeowners policy. Do you agree with this exclusion? Why or why not? Your Answer Here: d. The HO 3 policy covers damage to the contents of the insured on an actual cash value basis. For an additional premium, the policy can be endorsed to cover the replacement cost of items lost or damaged. What are the advantages of purchasing this endorsement by the homeowner? Your Answer Here: e. Coverage E-Personal Liability protection provided in Section II of the HO policy specifically excludes loss or damage caused by the operation of motor vehicles. However, there are some cases where injury caused by a motor vehicle is covered by the policy. List and give two examples of situations where the exclusion does not apply. Your Answer Here