Exam 21: Homeowners Insurance,section II

Which of the following statements about endorsements to the homeowners policy is (are)true? I.The purpose of the inflation guard endorsement is to help prevent home owners from being under-insured. II.The purpose of the watercraft endorsement is to provide coverage for watercraft when they are used outside the United States.

Section II of the homeowners policy has exclusions applying to all of the following EXCEPT

Which of the following losses would be covered under Section II of an unendorsed Homeowners 3 policy?

Which of the following situations would be covered under Section II of a homeowners policy? I.The insured is sued by his girlfriend because he infected her with the AIDS virus. II.The insured's son is sued after a friend suffered serious injury as a result of using illegal drugs sold to him by the son.

A credit-based score that is highly predictive of future claims cost is an individual's

Robert purchased an unendorsed Homeowners 3 policy.He is concerned that if his personal property is destroyed,the insurer will take depreciation into consideration when determining the loss settlement and will pay him less than the amount needed to purchase new property.Which endorsement can Robert add to his Homeowners 3 policy to address this concern?

For which of the following situations would there be personal liability coverage under the homeowners policy? I.The named insured accidentally injures her husband with a chain saw. II.The named insured breaks his wife's valuable vase while practicing his golf swing.

Tom and Tammy Evans were ready to purchase a home.The home was to serve as collateral for their mortgage loan.Two insurers declined to insure the home,citing "an adverse CLUE report." Why would an insurer reject a homeowners insurance application because of an adverse CLUE report?

Factors that affect the cost of homeowners insurance include which of the following? I.Construction material II.Deductible amount

Which of the following statements about an earthquake endorsement for a homeowners policy is (are)true? I.The endorsement also covers landslides and volcanic eruptions. II.The coverage for earthquakes is written without a deductible.

Which of the following statements regarding the Coverage E limit in the homeowners policy is true?

Which of the following statements is (are)true concerning the home business insurance coverage endorsement? I.It increases the coverage on business personal property at the insured residence from $2,500 to the Coverage C limit. II.It excludes coverage for liability arising out of the home business.

Liability arising out of which of the following is covered under the personal injury endorsement to the homeowners policy?

Gail lives in southern Illinois,near the New Madrid Fault Line.She added an earthquake endorsement to her Homeowners 3 policy.All of the following statements about the endorsement are true EXCEPT

Tom is planning to build a home.He is weighing many factors,including construction materials,location,and other considerations.Which of the following statements is true with regard to homeowners insurance and Tom's new home?

Which of the following statements is true regarding the Homeowners 3 policy and identity theft?

Which of the following statements regarding Section II coverage under the Homeowners 3 policy is true?

Persons insured for personal liability under the homeowners policy include which of the following? I.Relatives while visiting the named insured. II.Overnight guests who are not relatives of the named insured.

Which of the following persons is (are)eligible for benefits under medical payments to others (Coverage D)neither I nor II F.of the homeowners policy? I.A friend who slips and falls on a wet patio while visiting the named insured II.A neighborhood child who is severely scratched by a cat in the care of the named insured

Which of the following losses would be covered under the personal liability coverage (Coverage