The HO-3 has 16 named perils for property coverage.
Answer
True
False
Question 2
Question
With regards to the peril of “Wind and Hail”, This includes loss to watercraft of all types and their trailers, furnishings, equipment, and out-board engines or motors, only while inside a fully enclosed building.
Answer
True
False
Question 3
Question
The HO 3 covers damage from Flood.
Answer
True
False
Question 4
Question
Coverage C, Personal property on an HO 3 is Open peril, meaning if in not excluded it is covered.