a. Coverage A and Coverage B under a Homeowners 3 policy insure the dwelling and other structures

Question:

a. Coverage A and Coverage B under a Homeowners 3 policy insure the dwelling and other structures against "direct physical loss." Explain the meaning of this phrase.
b. Coverage C under a Homeowners 3 policy covers personal property on a named-perils basis. List the various perils that are covered.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles of Risk Management and Insurance

ISBN: 978-0132992916

12th edition

Authors: George E. Rejda, Michael McNamara

Question Posted: