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You have a standard HO-3 with one endorsement, replacement cost personal property endorsement. The policy has the following coverages and limits of insurance. Coverage A:

You have a standard HO-3 with one endorsement, replacement cost personal property endorsement. The policy has the following coverages and limits of insurance. Coverage A: $200,000 Coverage B: $20,000 Coverage C: $100,000 Coverage D: $10,000 Coverage E: $500,000 per occurrence Coverage F: $5,000 per person. Your daughter and her friend are jumping in puddles in front of your house and both are injured. Each of them incur medical bills of $5,000. You are not held legally liable for the friends injuries. How much will the homeowner pay (total) for both claims?

  • A. $0
  • B. $5000
  • C. $10,000
  • D. $500,000

You have a standard HO-3 with one endorsement, replacement cost personal property endorsement. The policy has the following coverages and limits of insurance. Coverage A: $200,000 Coverage B: $20,000 Coverage C: $100,000 Coverage D: $10,000 Coverage E: $500,000 per occurrence Coverage F: $5,000 per person. Your daughter and her friend are jumping in puddles in front of your house and both are injured. Each of them incur medical bills of $5,000. You are not held legally liable for the friends injuries. How much will the homeowner pay (total) for both claims?

  • A. $0
  • B. $5000
  • C. $10,000
  • D. $500,000

You have a standard HO-3 with one endorsement, replacement cost personal property endorsement. The policy has the following coverages and limits of insurance. Coverage A: $200,000 Coverage B: $20,000 Coverage C: $100,000 Coverage D: $10,000 Coverage E: $500,000 per occurrence Coverage F: $5,000 per person. You are vacationing in Paris when your suitcase is stolen. It contains designer clothing, a professional camera, a cell phone charger and some snacks. You value the items at a replacement cost of $12,000 but there is an actual cash value of $2000. How much will your homeowner policy pay?

  • A. $0
  • B. $2000
  • C. $10,000
  • D. $12,000

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