FIN 151
Community College Of Philadelphia
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FIN 151 Chapter 16 - Homeowners Insurance, Section 1 Review Questions
- Exam (elaborations) • 6 pages • 2023
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- $9.49
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1. Identify the basic types of homeowners policies that are used today. 
The following forms are used in the current ISO (Insurance Services Offices) homeowners (HO) program: 
 HO-2 (broad form) - Homeowners 2 is a named-perils policy that insures the dwelling, other 
structures, and personal property against loss from certain listed perils. Covered perils include 
fire, lightning, windstorm, hail, explosion, and other perils. 
 HO-3 (special form) - Homeowners 3 insurer the dwelling and o...
-
FIN 151 Chapter 16 - Homeowners Insurance, Section 1 Review Questions
- Exam (elaborations) • 6 pages • 2023
-
- $9.49
- + learn more
1. Identify the basic types of homeowners policies that are used today. 
The following forms are used in the current ISO (Insurance Services Offices) homeowners (HO) program: 
 HO-2 (broad form) - Homeowners 2 is a named-perils policy that insures the dwelling, other 
structures, and personal property against loss from certain listed perils. Covered perils include 
fire, lightning, windstorm, hail, explosion, and other perils. 
 HO-3 (special form) - Homeowners 3 insurer the dwelling and o...
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