Homeowners Policy (HO)Pregunta 347 de 474
On a standard homeowners policy, the minimum limit normally written for Coverage E personal liability is:
a.$1,000,000 in aggregate
b.$100,000 per person hurt
c.$100,000 per occurrence
d.$25,000 per occurrence
Explicación
Coverage E carries a standard minimum of $100,000 for each occurrence, and higher limits can be purchased for a modest premium. It is an occurrence limit covering all damages from one event, so the per-person answer misreads the structure. Coverage F, medical payments to others, is the Section II coverage written on a per-person basis.
Practica las 474 preguntas gratis — sin registro.
Own the complete Personal Lines Insurance Producer guide — PDF + EPUB, $19.99 →
Preguntas relacionadas de este tema
- After a covered storm the insured pays a contractor to tarp the roof so rain cannot enter. Which additional coverage responds to that cost?
- Debris removal under a standard homeowners policy pays the cost of:
- The collapse additional coverage on a standard homeowners form applies when a building collapses from:
- An insured with a $100,000 Coverage E limit is held liable for $100,000 of damages, and the insurer spends $30,000 defending the suit. The insurer's total outlay is:
- A neighbor's child is hurt on the insured's trampoline and runs up $2,600 of medical bills. The standard minimum Coverage F limit pays:
- The insured's own resident daughter breaks her arm on the stairs at home and needs $3,000 of treatment. Under Coverage F, the homeowners policy pays:
Última revisión: · proceso editorial
Equipo de PrepPass · Verificado con California Personal Lines Insurance License Exam · Cómo revisamos