____ policies provide open-peril protection for the dwellings covered under the policy.
A)HO-3
B)HO-4
C)HO-6
D)HO-8

Question

Quizplus · Accepted Answer

HO-3 policies provide open-peril protection for the dwellings covered under the policy. This means that the policy covers damage or loss caused by any peril, except for specific exclusions mentioned in the policy. HO-4 policies only cover personal property, while HO-6 policies provide coverage for condominiums and HO-8 policies are designed for older homes with unique insurance needs. Therefore, HO-3 is the best choice for open-peril protection for dwellings.

____ Policies Provide Open-Peril Protection for the Dwellings Covered Under