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ries ials Makayla and Joshua purchased a $400,000 HO-3 homeowner's policy on their two-story, 2,300 square foot residence. They experienced extensive damage to the unattached

ries ials Makayla and Joshua purchased a $400,000 HO-3 homeowner's policy on their two-story, 2,300 square foot residence. They experienced extensive damage to the unattached garage. Assuming that there are no policy endorsements, what is the standard limit of coverage on the loss (Coverage B)? O $120,000 $200,000 O $40,000 $400,000 not covered because no endorsement was added Question 4 Your client owns a standard HO-3 policy, with Coverage C of $250,000. Which of the following items would need to be added as an itemized rider to ensure full recovery of replacement cost? 1) Stolen paintings valued at $6,500 2) Stolen silverware valued at $800 3) Destroyed clothing valued at $1,200 4) Lost diamond ring valued at $7,400 5) Destroyed furniture valued at $6,800 6) Destroyed business property kept in the house and valued at $3,600 1, 2, 3 and 4 1,4 and 6 O1, 2, 4 and 5 1 pts 3, 4 and 5
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Makayla and Joshia purchased a $400,000 Ho-3 horreowner's policy on their two-story, 2,300 square foot residence. They experienced extensive damage to the unattached carage Assuming that there ave no policy endorsements what is the standird limit of coverage on the loss (Coverage B)? $120.000 sen000 $40000 $400.000 hot cerect bocase no endorsamert was added Question 4 1 pts Your client owns a standard HO3 policy, with Coverage C of $250,000. Which of the following items would need to be added as an itemized nder to ensure full rocovery of replacement cost? 1) Stolen paintings valued at $6,500 2) Stolth silverware valued at $800 3) Destroyed elothing valued at $1,200 4) Lost damond ing valied at $7,400 5) Destroyed fumiture valued at $6,800 6) Destroyed business property kept in the house and valued at $3,600 1,2,3 and 4 1. 4mon6 1.2. 4 and 5 3,4 and 6

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