State Farm Homeowner Policy FP-7955 Deducible Exam QUESTIONS AND CORRECT DETAILED ANSWERS AGRADE

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State Farm Homeowner Policy FP-7955
Deducible Exam QUESTIONS AND
CORRECT DETAILED ANSWERS AGRADE
HO-2 - (answers)Broad Form,provides coverage for dwelling, personal property,
and other structures(vehicle,fire,theft,falling objects)



HO-3 - (answers)Special Form, insured on an open peril basis if not excluded,
coverage are A and B



HO-4 - (answers)Contacts Broad form,renters homeowners policy, provides
coverage for C,D,E,F,



HO-5 - (answers)Comprehensive form, provides coverage for A,B,C



HO-6 - (answers)Unit owners form, most popular, provides coverage for C,D,E,F,
insures real and personal property around the world, for condo



HO-8 - (answers)Modified coverage form, insures older homes when values are
disproportionate would be created if insurance were written at 100%
replacement cost



Residence Employee - (answers)An employee whose duties are related to
maintenance of premise