insuring a Standard Home Valerie is the owner of a 30-year-old home, and is looking to buy a homeowner's insurance policy. The previous home she owned was severely damaged by a tree falling through the rool, a pen that was not covered by her basic form policy, therefore she is looking to buy a comprehensive policy that covers damage from all penis (except those specifically excluded). Based on the pen coverage it offers, she purchases an insurance policy Her home has a replacement value of $450,000, therefore she insures her home for the minimum legal requirement of $ Assuming she does not purchase any additional coverage beyond the legal minimums, complete the following table indicating the maximum dollar value of reimbursement she can receive for each of the following: 5 S Damage to personal property Medical payments to others Loss of Use (Additional living expenses) Comprehensive personal liability Insering White Away at College Valerie's son, Sho, na college student living in an off-campus apartment where he resides year round. He owns an expensive computer and wants to make sure the full value insured. Which of the following statements regarding She's insurance needs are true? Check all that apply She should purchase an HO 2 broad form insurance policy because he is not covered under his parents policy is computer is covered under his parents policy Dhe purchases an HO 4 policy, he can choose the value of the property he wishes to insure insuring a Standard Home Valerie is the owner of a 30-year-old home, and is looking to buy a homeowner's insurance policy. The previous home she owned was severely damaged by a tree falling through the rool, a pen that was not covered by her basic form policy, therefore she is looking to buy a comprehensive policy that covers damage from all penis (except those specifically excluded). Based on the pen coverage it offers, she purchases an insurance policy Her home has a replacement value of $450,000, therefore she insures her home for the minimum legal requirement of $ Assuming she does not purchase any additional coverage beyond the legal minimums, complete the following table indicating the maximum dollar value of reimbursement she can receive for each of the following: 5 S Damage to personal property Medical payments to others Loss of Use (Additional living expenses) Comprehensive personal liability Insering White Away at College Valerie's son, Sho, na college student living in an off-campus apartment where he resides year round. He owns an expensive computer and wants to make sure the full value insured. Which of the following statements regarding She's insurance needs are true? Check all that apply She should purchase an HO 2 broad form insurance policy because he is not covered under his parents policy is computer is covered under his parents policy Dhe purchases an HO 4 policy, he can choose the value of the property he wishes to insure
