An 80 percent co-insurance clause requires the insured to carry insurance protection equal to 80% of the original cost of the home.
Correct Answer:
Verified
Q26: Covered liability perils do not include claims
Q27: Like standard homeowners' policies,a renters' policy liability
Q28: An HO-1 policy lists more perils for
Q29: Protection for personal property both at home
Q30: HO-4 and HO-6 are for renters and
Q32: While you were away on winter vacation,there
Q33: Nancy's house has been completely destroyed by
Q34: A co-insurance clause will cause insurers to
Q35: Replacement cost coverage is available for renters
Q36: Replacement cost and actual cash value is
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