Which of the following is a basic, seldom-used homeowner's policy with relatively narrow coverage?
A) HO-1
B) HO-2
C) HO-3
D) HO-4
E) HO-6

Question

Quizplus · Accepted Answer

HO-1 is a basic homeowner's policy that provides narrow coverage and is seldom used. It only covers specific perils such as fire, lightning, windstorms, hail, explosions, riots, and damage caused by aircraft or vehicles. It does not cover theft, personal liability, or damage caused by water, among other things.

Which of the Following Is a Basic, Seldom-Used Homeowner's Policy