Ho 3 special form - Study guides, Class notes & Summaries

NJ PSI Property and Casualty Exam The Mobile Home Endorsement of a Homeowners policy affords coverage to mobile homes under the? A. HO-1 (Basic Form) B. HO-2 (Broad Form) C. HO-3 (Special Form) D. HO-2 or HO-3 (Broad and Special)

CLAIMS ADJUSTER EXAM 2024 WITH 100% ACCURATE SOLUTIONS Which term is generally considered to be a definition of "vacancy" in respect to a dwelling? - correct answer A dwelling from which the contents and occupants are removed. Dwelling Forms provide limited coverage for: 1. Pets 2. Rowboats & Canoes 3. Aircraft - correct answer 2. Rowboats & Canoes Liability coverage (section II) of the homeowners policy provides: - correct answer Legal defense costs in excess of the liability limi...

An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of an earthquake, mudslide, landslide, or sinkhole. correct answers an Earth movement exclusion An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of the fact that the individual did not maintain the property. correct answers Neglect exclusion Which Home Owner's form covers damage to a condo owner's PR...

An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of an earthquake, mudslide, landslide, or sinkhole. CORRECT ANSWER an Earth movement exclusion An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of the fact that the individual did not maintain the property. CORRECT ANSWER Neglect exclusion Which Home Owner's form covers damage to a condo owner's PROP...

Texas All Lines Adjuster Test with Verified Answers Updated 2024 The insured has filed a claim under the "Business Income Department Properties - Broad Form" because the primary buyer of products and services from the business has filed for bankruptcy under this form the primary buyers business would be known as A recipient location recipient location Businesses who support insured by being the primary buyer for their products HO-3 (special form) covers the dwelling and other str...

Mississippi Insurance- Property And Casualty Questions & Answers 100% Accurate Mississippi Insurance- Property And Casualty Questions & Answers 100% Accurate Mississippi Insurance- Property And Casualty Questions & Answers 100% Accurate Mississippi Insurance- Property And Casualty Questions & Answers 100% Accurate Homeowners Policy - ANSWER Multiline Policy that protects property owners from property and liability risks HO-2 - ANSWER (broad form): covers the dwelling, other structures, and ...

An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of an earthquake, mudslide, landslide, or sinkhole. - ANSWER an Earth movement exclusion An exclusion that states that an insurer will not pay any claim in which an individuals property is damaged as a result of the fact that the individual did not maintain the property. - ANSWER Neglect exclusion Which Home Owner's form covers damage to a condo owner's PROPERTY that oc...

CISR - Personal Lines Miscellaneous Exam Questions and Answers 100% Pass What is a trade? - Correct Answer ️️ -Skilled manual or mechanical work. Examples: Painter, Carpenter, Electrician, etc. What is a profession? - Correct Answer ️️ -A vocation requiring advanced education and training. Examples: Physician, Dentist, Attorney, Veterinarian, etc. What is an occupation? - Correct Answer ️️ -An activity or pursuit in which a person is engaged; a person's usual or principal wo...

Homeowners Policy - ANSWER Multiline Policy that protects property owners from property and liability risks HO-2 - ANSWER (broad form): covers the dwelling, other structures, and personal property on a named perils basis HO-3 - ANSWER or special form, provides open peril coverage for loss to the dwelling and other structures (most common) HO-4 - ANSWER renters/tenants insurance HO-5 - ANSWER Comprehensive Form HO-6 - ANSWER condominium owner's insurance HO-8 - ANSWER older hom...

Cheat Sheet - Property & Casualty Exam Questions and Answers 100% Pass What are the forms of homeowner policies? - Correct Answer ️️ -HO-2, HO-3, HO-4, HO-5, HO-6, HO-8. Each of these forms provides identical liability coverage. The property coverage varies with the homeowners form selected. The following is a list of the forms with the covered perils of each. HO-2 - Correct Answer ️️ -Broad form; owner occupant HO-3 - Correct Answer ️️ -Special Form; owner occupant HO-4 - Co...