A distant uncle dies, leaving you his $150,000 condominium unit in Aspen, Colorado. It is rented to

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A distant uncle dies, leaving you his $150,000 condominium unit in Aspen, Colorado. It is rented to skiers during the winter months and managed by a local realtor.

You elect to spend your summers living in the unit. On investigation, you find that the uncle has been insured under a Homeowners Form HO-6, with $25,000 in coverage on the unit’s contents. All other features of the policy are standard.What modifications in this policywould you consider?

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Fundamentals Of Risk And Insurance

ISBN: 978-1118534007

11th Edition

Authors: Emmett J. Vaughan ,Therese M. Vaughan

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