Why is there an "ordinance-or-law exclusion" in a typical HO-3 policy?
A) Because it is too costly to include
B) Because there is a federal insurance policy that covers this aspect
C) Because it is better insured under another insurance policy
D) There is no such exclusion.
Correct Answer:
Verified
Q22: Which of the following is not covered
Q23: In homeowner's insurance, coinsurance is:
A) an agreement
Q24: With respect to the HO dwelling coverage,
Q25: Alberto has an HO-3 contract with $100,000
Q26: Which of the following perils is not
Q28: All of the following are available under
Q29: Ira is a homeowner covered by an
Q30: Britney and Kevin were painting their backyard
Q31: Which of the following perils is not
Q32: Which of the following is not an
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