Loss of Use Coverage Applies to Personal Property Owned by Others

question 29

True/False

Loss of use coverage applies to personal property owned by others while it is "on the part of the residence premises occupied by an insured" and to property of guests and residence employees while at any residence occupied by an insured.

---

Definitions:

AC

Alternating Current, a type of electrical current where the flow of electric charge periodically reverses direction, commonly used in power supplies.

DC

Direct Current, an electrical current that flows in one direction only, typical in batteries and DC power supplies.

Shaded Pole

A type of single-phase induction motor design that uses a shaded pole for starting torque, commonly found in low-power applications.

Split-phase

A type of electrical power supply system that divides the electric power into two or more alternating current (AC) voltages.