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Which one of the following accurately describes the coverage modification created by the Mobilehome Endorsement (MH 04 01) when it is attached to the HO-3
Which one of the following accurately describes the coverage modification created by the "Mobilehome Endorsement" (MH 04 01) when it is attached to the HO-3 homeowners policy?
A. | Section I loss settlement condition are changed to actual cash value (ACV) for all Coverage A items. | |
B. | Section II - Liability Coverages are limited to exclude coverage for all watercraft and motor vehicles. | |
C. | Coverage B - Other Structures is 50 percent of the limit that applies to Coverage A. | |
D. | It provides up to $500 for reasonable expenses incurred for the removal and return of the mobilehome if it is endangered by an insured peril. |
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