Florida Insurance Exam Auto and Home 20-44 Correct 100%

What does a homeowners policy consist of? - ANSWER 1. Declarations 2. One of 6 Homeowners forms 3. Mandatory and optional endorsements Name the 6 Homeowners Forms - ANSWER HO-2, 3, 4, 5, 6, 8 Which form is used for Renters? - ANSWER HO-4 Which form is used for Condo owners? - ANSWER HO-6 Which form is the most common? - ANSWER HO-3 What does coverage A cover? - ANSWER The dwelling itself, building, attached structures and construction materials and supplies on or adjacent to the premises. What does coverage A cover on an HO-6? - ANSWER Additions and alterations, other real property at the condo premises and property for which the insured has responsibility for under the association. A company can cancel a PAP for a qualified reason other than discrimination in the first