Everything else being equal,a brick house costs more to insure under an unendorsed HO-3 policy than a wood frame house.
Correct Answer:
Verified
Q4: The principle of indemnity generally limits the
Q11: Earthquakes are covered under most homeowner's policies.
Q18: If your insurance company makes a payment
Q24: While you were away on your summer
Q25: As a tenant,you would purchase a HO-3
Q30: HO-4 and HO-6 are for renters and
Q31: Under a coinsurance requirement of 80 percent,property
Q31: Homeowner policy forms are fairly standardized from
Q33: The HO-3 form is a good policy
Q34: A co-insurance clause will cause insurers to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents