options for fill in the blank
first one is: HO-8/HO-4/HO-6/HO-1/HO-2/HO-3
second one is: HO-8/HO-4/HO-6/HO-1/HO-2/HO-3
third is: were not eligible for/ will not be reimbursed/ will be reimbursed up to 20% of the personal property insurance/ will be reimbursed up to 40% of the personal property insurance
5. Types of homeowner's insurance policies Insuring a Standard Home Deborah is the owner of a 2-year-old home, and is looking to buy a homeowner's insurance policy. She is primarily concerned with protection from standard property damaging perils that she has no way of preventing, such as those due to fire, vandalism, windstorms, and so on, and less concerned about those that she feels she can prevent through frequent maintenance (such as damage caused by malfunctioning of internal structures like air conditioning or plumbing). Based on the peril coverage it offers, she purchases an insurance policy. Her home has a replacement value of $200,000, 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: Damage to personal property Detached buildings: Loss of Use (Additional living expenses): Comprehensive personal liability: Insuring while Away at College Deborah's son, Felix, is a college student living in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full Value Insured. Which of the following statements regarding Felix's insurance needs are true? Check all that al Felix should purchase an HO-4 broad form insurance policy because he is not covered under his parents' policy He should tell the insurance agency that he parks in a garage to have money on premium His property is covered up to 10% of the coverage on the home WC pulude an insurance policy. Her home has a replacement value of $200,000, therefore she insures her home for the minimum legal requirement of 5 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: - Assuming Damage to personal property: Detached buildings: Loss of Use (Additional living expenses): Comprehensive personal liability: Insuring While Away at College Deborah's son, Felix, is a college student living in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full value is insured. Which of the following statements regarding Felix's Insurance needs are true? Check all that apply. Felix should purchase an H0-4 broad form insurance policy because he is not covered under his parents' policy. He should tell the insurance agency that he parks in a garage to save money on premiums His property is covered up to 10% of the coverage on the home 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 now 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 a l 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 - 5. Types of homeowner's insurance policies Insuring a Standard Home Deborah is the owner of a 2-year-old home, and is looking to buy a homeowner's insurance policy. She is primarily concerned with protection from standard property damaging perils that she has no way of preventing, such as those due to fire, vandalism, windstorms, and so on, and less concerned about those that she feels she can prevent through frequent maintenance (such as damage caused by malfunctioning of internal structures like air conditioning or plumbing). Based on the peril coverage it offers, she purchases an insurance policy. Her home has a replacement value of $200,000, 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: Damage to personal property Detached buildings: Loss of Use (Additional living expenses): Comprehensive personal liability: Insuring while Away at College Deborah's son, Felix, is a college student living in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full Value Insured. Which of the following statements regarding Felix's insurance needs are true? Check all that al Felix should purchase an HO-4 broad form insurance policy because he is not covered under his parents' policy He should tell the insurance agency that he parks in a garage to have money on premium His property is covered up to 10% of the coverage on the home WC pulude an insurance policy. Her home has a replacement value of $200,000, therefore she insures her home for the minimum legal requirement of 5 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: - Assuming Damage to personal property: Detached buildings: Loss of Use (Additional living expenses): Comprehensive personal liability: Insuring While Away at College Deborah's son, Felix, is a college student living in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full value is insured. Which of the following statements regarding Felix's Insurance needs are true? Check all that apply. Felix should purchase an H0-4 broad form insurance policy because he is not covered under his parents' policy. He should tell the insurance agency that he parks in a garage to save money on premiums His property is covered up to 10% of the coverage on the home 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 now 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 a l 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
