Name That Form
This form does not provide coverage for real property like the dwelling or other structures.
Contents Broad Form (HO-4)
Coverage B on Homeowners Policies is 10% of this coverage
What is Coverage A
This is the time period during which multiple earthquake shocks are considered a single earthquake
What is 72 hours
This is the coverage that pays up to the limit of liability for damages the insured is legally liable for.
What is coverage E – Personal Liability
This is the maximum number of residential units that can be insured under a Homeowners policy
What is Four?
This form provides open perils coverage for the dwelling, other structures, and personal property
Comprehensive Form (HO-5)
The cost of a hotel expense or the increased cost of food because an insured cannot inhabit their dwelling due to a covered peril is covered under this coverage.
Coverage D – Loss of Use
For the scheduled personal property endorsement, the perils insured against will broaden from named perils to this.
What is open perils
This is the standard minimum limit for Coverage E
What is $100,000?
Liability coverage provided by Section II is not primary insurance, but rather is this…
What is excess insurance?
This form has coverage A, but does not have coverage B, and both the dwelling and personal property are insured against the Broad Form named Perils
Unit-Owners Form ( HO-6)
This is the coverage D limit for HO-2, HO-3, and HO-5.
What is 30% of coverage A
Fine art are typically schedule for this loss valuation when added by endorsement instead of the typical ACV
What is agreed value
Coverage F – Medical Payments to others will pay out for an injured third party’s necessary medical expenses incurred with THIS many years
What is three?
The standard deductible for a property loss on a homeowner’s policy is this much.
What is $250
This form provides named peril coverage similar to the broad form for personal property, but gives back coverage for losses to a fence, driveway, or walk caused by a vehicle owned or operated by the insured
Special Form (HO-3)
If Civil Authorities prevent the insured from using their residence due to a covered peril to a neighboring premise the insurer would pay additional living expenses for this amount of time
What is two weeks
On the Mobile Home endorsement, when the home is endangered by a peril insured against, and must be removed to avoid damage, the insurer will pay up to this amount for its removal and return
What is $500
This is the only type of resident of the insured’s household who could be payed out for an injury occurring on the insured’s property
What is a resident employee?
If the insured takes legal action against the insured, they must comply with all policy terms and bring suit within this time frame.
What is two years?
This form covers only the basic named perils and limits theft coverage to $1,000 for any one loss and doesn’t cover any off-premises theft
Modified Form
(HO-8)
While the coverage C limit of liability is 50% of coverage A, a college student’s property while away at school, property at the insured’s summer home, or in a self-storage facility are limited to this…
What is 10% of Coverage C or $1000 (whichever is greater)
For scheduled personal property endorsement such as those for Jewelry and Furs, coverage will apply worldwide and this is the amount of the deductible that will apply to the scheduled personal property.
What is zero?
The coverage F limit of liability applies per person and is typically $1,000, but whatever it is, it will be included on this page of the insurance policy
What is the declarations page?
The Standard Mortgage Clause applies to all Homeowners policies. For the mortgagee to file a claim, they must submit a signed, sworn statement with this many days of receiving notice that the insured failed to do so.
What is 60?