Insuring a Condominium Deborah's parents own a condominium that they fully insured for the replacement value of $120,000. Last year a portion of their roof collapsed due to the weight of snow after a severe storm, rendering the condo uninhabitable for the month that it took to complete repairs. Based on the coverage details of their condominium form HO-8 insurance policy, the additional living expenses they incur as a result of the damage (such as the cost of staying in a hotel during the repairs) His property is covered Po of the coverage on his parents' home. HO-1 He should purchase an ad form insurance policy because he is not covered under his parents' policy. HO-6 He should tell the insura ncy that he parks in a garage to save money on premiums. HO-2 HO-3 Insuring a Condominium HO-4 Deborah's parents own a condomir t they fully insured for the replacement value of $120,000. Last year a portion of their roof collapsed due to HO-8 the weight of snow after a severe Jendering the condo uninhabitable for the month that it took to complete repairs. Based on the coverage details of their condominium form HO-8 insurance policy, the additional living expenses they incur as a result of the damage (such as the cost of staying in a hotel during the repairs) He should tell the insurance will be reimbursed up to 40% of the personal property insurance Insuring a Condominium will be reimbursed up to 20% of the personal property insurance will not be reimbursed Deborah's parents own a condominiu the weight of snow after a severe sto st year a portion of their roof collapsed due to complete repairs. Based on the coverage as a result of the damage (such as the cost of are not eligible for reimbursement details of their condominium form H staying in a hotel during the repairs) Insuring a Condominium Deborah's parents own a condominium that they fully insured for the replacement value of $120,000. Last year a portion of their roof collapsed due to the weight of snow after a severe storm, rendering the condo uninhabitable for the month that it took to complete repairs. Based on the coverage details of their condominium form HO-8 insurance policy, the additional living expenses they incur as a result of the damage (such as the cost of staying in a hotel during the repairs) His property is covered Po of the coverage on his parents' home. HO-1 He should purchase an ad form insurance policy because he is not covered under his parents' policy. HO-6 He should tell the insura ncy that he parks in a garage to save money on premiums. HO-2 HO-3 Insuring a Condominium HO-4 Deborah's parents own a condomir t they fully insured for the replacement value of $120,000. Last year a portion of their roof collapsed due to HO-8 the weight of snow after a severe Jendering the condo uninhabitable for the month that it took to complete repairs. Based on the coverage details of their condominium form HO-8 insurance policy, the additional living expenses they incur as a result of the damage (such as the cost of staying in a hotel during the repairs) He should tell the insurance will be reimbursed up to 40% of the personal property insurance Insuring a Condominium will be reimbursed up to 20% of the personal property insurance will not be reimbursed Deborah's parents own a condominiu the weight of snow after a severe sto st year a portion of their roof collapsed due to complete repairs. Based on the coverage as a result of the damage (such as the cost of are not eligible for reimbursement details of their condominium form H staying in a hotel during the repairs)
