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Which of the following would be eligible for coverage under a dwelling property policy? A A mobile home divided into 2 rental units B The

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Which of the following would be eligible for coverage under a dwelling property policy? A A mobile home divided into 2 rental units B The acreage on which an apartment complex is built O. A house divided into 3 apartments (D) A single-family house with 7 boarders If an insured is involved in an accident in another state where limits of llability are higher than those of the insured's home state, the insured's auto policy will pay A Only the difference between each state's limits. B io Nothing. c) Limits set by the insured's home state. (D) Limits set by the state in which the accident occurs. A home insured on an HO3 policy was completely destroyed in a fire. The house was worth $300,000. The limit of the policy is $250,000. The most the policy will pay for the total loss and debris removal is A $250,000. B $250,000 plus an additiongl 5%. c $300,000. D. $300,000 minus 5%. An insured wants to verify the amount of coverage and the premiums for a homeowners policy. In which section of the insurance contract would the insured find this? A Pollcy limits B Insuring agreement C Declarations D Conditions

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