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Lucy owns a home with a replacement value of $350,000. She insured the property with an H0-3 policy with Part A coverage of $350,000, Part
Lucy owns a home with a replacement value of $350,000. She insured the property with an H0-3 policy with Part A coverage of $350,000, Part E coverage of $100,000 and Part F coverage of $2,000. Which of the following statements about their HO-3 homeowner's policy is INCORRECT? O Damaged or destroyed personal property would be covered for up to $175,000. O An unattached garage that sustains losses of $20,000 would be fully covered. o If she slips and falls, then her medical costs would be covered under Part F O Excess living expenses if displaced from the home would be covered up to $105,000 Which of the following statements about the personal auto policy, Part C, is generally INCORRECT? O Part C will indemnify the policyholder for bodily injury, if struck by an uninsured driver while walking or riding a bicycle. O Part C will indemnify the policyholder for damages to their own car or bicycle, if struck by a hit-and-run driver. O Part C will indemnify the policyholder for bodily injury resulting from a collision with a hit-and-run driver. O Part C will indemnify the policyholder for personal injuries caused by a negligent third party whose insurance company became insolvent
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