HO-3 Section II - Liability Coverages

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Quiz by FutureAdjusters, updated more than 1 year ago
FutureAdjusters
Created by FutureAdjusters over 6 years ago
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HO-3 Section II - Liability Coverages

Resource summary

Question 1

Question
The HO-3 has 16 named perils for property coverage.
Answer
  • True
  • False

Question 2

Question
With regards to the peril of “Wind and Hail”, This includes loss to watercraft of all types and their trailers, furnishings, equipment, and out-board engines or motors, only while inside a fully enclosed building.
Answer
  • True
  • False

Question 3

Question
The HO 3 covers damage from Flood.
Answer
  • True
  • False

Question 4

Question
Coverage C, Personal property on an HO 3 is Open peril, meaning if in not excluded it is covered.
Answer
  • True
  • False
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