SAT High School

Which of the following is true about homeowner's insurance?

Answers

Answer 1

In home owners policy, the Section I deductible does not apply to property covered under the Scheduled Personal Property Endorsement

The Scheduled Personal Property Endorsement has no deductible

What is home owners policy?

Home insurance, often known as homeowner's insurance, is a form of property insurance that protects a single person's home.

Homeowners insurance consists of coverages that may assist in the repair or replacement of your house and valuables if they are destroyed by specific risks such as fire or theft. It may also assist in covering costs if you inadvertently damage another person's property or if a guest is hurt at your house.

Learn more about Insurance policy at:

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Full Question:

Although part of your question is missing, you might be referring to this full question:

Which statement is true concerning Homeowners policies?

A. The Section I deductible does not apply to property covered under the Scheduled Personal Property Endorsement

B. Section I limits coverage on utility trailers up to $500

C. The HO4 provides open peril coverage on both the dwelling and contents

D. Section I limits coverage on fire department service charge to $100

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