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medulla medulla
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6 years ago
Joe has an HO-3 policy. He also has an unattached converted garage that he has turned into an apartment, and he rents it to a full-time college student. The apartment is destroyed by fire. What will happen with the claim according to the HO-3 contract?
A) Since fire is an excluded peril, nothing will be paid.
B) The peril of fire is not covered when it damages unattached structures.
C) There will be no payment because a rented other structure is excluded from coverage.
D) Because it was unattached, that type of property was not covered by the HO-3.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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nationalnational
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6 years ago
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medulla Author
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6 years ago
This helped my grade so much Perfect
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Brilliant ツ
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You make an excellent tutor!
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