Which of the Following Statements About the Homeowners 3 Policy

question 43

Multiple Choice

Which of the following statements about the Homeowners 3 policy is (are) true?
I.Losses to the dwelling are always settled on an actual cash value basis.
II.Coverage on personal property is limited to $5,000.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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