Which of the following statements about the personal property coverage (Coverage C.of the Homeowners 3 policy is (are)true? I.The coverage applies only in the United States and Canada.
II.The full amount of coverage applies only if the property is permanently located at any residence of the insured.
A)I only
B)II only
C)both I and II
D)neither I nor II

Question

Quizplus · Accepted Answer

Coverage C of the Homeowners 3 policy applies worldwide, not just in the United States and Canada. Additionally, the full amount of coverage does not only apply if the property is permanently located at any residence of the insured; it applies to personal property owned or used by the insured anywhere in the world.

Which of the Following Statements About the Personal Property Coverage