An Ho-4 Insurance Policy Typically Covers Which of the Following

An HO-2 policy covers 16 named perils but only applies to owner-occupied houses not condominiums. It covers your personal belongings and in.

What Does A Ho 2 Policy Cover

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. Condo insurance also known as HO-6 insurance is a policy designed to complement your associations master insurance policy. However where it concerns your belongings HO-3 insurance typically covers only damage from the perils listed in your policy. The HO-3 policy is the most common form of homeowners insurance because it provides open-peril protection of a houses structure.

An open-peril policy covers losses caused by any type of peril except those specifically excluded in the policy. Start studying the Chapter 9-12 flashcards containing study terms like True or false. Two external market factors that affect the price of a home are the current demand for housing and the financing options ie nterest rates available Your _____ needs desires and attitudes are reflected in.

HO-5 insurance An HO-5.

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