Question: The following statements about HO-6 coverage are true EXCEPT: Select one: a. It includes personal liability coverage. b. It provides no coverage for detached structures.

The following statements about HO-6 coverage are true EXCEPT:

Select one:

a. It includes personal liability coverage.

b. It provides no coverage for detached structures.

c. It covers personal property on an actual cash value basis.

d. It provides limited coverage for loss assessments.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

The following statements about HO-6 coverage are true EXCEPT: Select one: a. It includes personal liability coverage. b. It provides no coverage for detached structures. c. It covers personal...

Q:

QUESTION 1 If the insurance on a house is changed from HO-02 to HO-03, what is the most important improvement in the insurance policy? The coverage changes from named perils to open perils. Loss...

Q:

Which of the following property is covered under the personal property coverage (Coverage C) of HO-37 O A bird ownmed by the named insured A skateboard owned by a stepchild living with the named...

Q:

The following statements about HO - 6 coverage are true EXCEPT: A . It includes personal liability coverage. B . It provides no coverage for improvements and alterations. C . It covers personal...

Q:

The following statements about HO-6 coverage are true EXCEPT:Group of answer choicesIt provides limited coverage for loss assessments.It provides coverage for detached structures.It covers personal...

Q:

11 Which of the following statements is true about insurance for businesses? Select one: a. For most businesses, liability insurance is an unnecessary expense. b. A victim of a tort is much more...

Q:

An HO-3 Special Form homeowners policy provides coverage that is broader in some respects than the coverage of an HO-2 Broad Form. All the following statements concerning the HO-3 are correct EXCEPT...

Q:

FOR BUSINESS LAW, ALL QUESTION ARE IN THE FILE. PLESS HELP ME Which of the following labor union actions is legal? I An employer's hiring permanent replacement workers, to replace all striking...

Q:

1 Green Building Materials (GBM) insures its building and business personal property under a Building and Personal Property Coverage form (BPP) that has 80 percent coinsurance. Daniel, one of the...

Q:

Flag question: Question 1 Question 1 1 pts A client wants to reduce the property's hazard insurance coverage substantially, in order to save money on the premiums. If the property manager tries to...

Q:

For the following equation: Br 2 (l) + 2KI (aq) I 2 (s) + 2KBr(aq) Identify the half reactions and use them to determine if the reaction is spontaneous

Q:

Imagine that the Texas Legislature just passed a state law forbidding all pharmacies and medical providers (including hospitals, clinics, surgical centers, and physicians) in the state of Texas from...

Q:

Ellen has a sole proprietorship and her sister Anna is the sole shareholder in a C - corporation. This year Ellen's sole proprietorship had $ 1 0 0 , 0 0 0 of taxable income. Anna's C - corporation...

Q:

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...