Term
T or F-UNDER THE HO-3 FORM, THE BURDEN OF PROOF IS UP TO THE INSURANCE COMPANY TO PROVE THAT A PERIL IS EXCLUDED |
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WHAT HO FORM IS A COMBINATION OF THE BROAD PERILS AND THE OPEN PERIL APPROACH |
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T or F-UNDER THE SPECIAL FORM, COVERAGE APPLIES UNLESS A PERIL IS SPECIFICALLY EXCLUDED |
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T or F-UNDER THE HO-3 FORM, CONTENTS COVERAGE APPLIES WITHOUT ARGUMENT |
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WHAT IS THE BROADEST FORM OF HOMEOWNER INSURANCE |
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T or F-HO-5 PROVIDES OPEN PERIL COVERAGE ON BOTH BUILDINGS AND THEIR CONTENTS |
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TENANTS FORM IS AN INFORMAL NAME FOR |
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Definition
The contents broad form HO-4 |
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Term
WHAT FORM IS DESIGNED TO COVER THE CONTENTS OF A TENANT LIVING IN A NON-OWNED STRUCTURE? |
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T or F-HO-4 FORM PROVIDES THE NAMED BROAD PERILS |
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THIS FORM IS DESIGNED FOR THE CONDOMINIUM OWNER |
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Definition
HO-6 unit-owners broad form |
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T or F-HO-6 COVERS THE STRUCTURAL PORTION OF A CONDO OWNED BY THE INSURED PLUS ANY IMPROVEMENTS |
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T or F-HO-8 PROVIDES COVERAGE AGAINST ICE AND SNOW WEIGHT |
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THIS FORM PROVIDES VERY BASIC PERIL COVERAGE AND WAS DESIGNED TO COVER DWELLINGS IN WHICH THE REPLACEMENT COST VALUE IS MUCH GREATER THAN MARKET VALUE |
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Definition
HO-8 Modified coverage form |
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