A Homeowner's Policy Does Not Provide Protection For

question 11

Multiple Choice

A homeowner's policy does not provide protection for:

• A) the personal property of family members at home.
• B) the personal property of family members who are in college.
• C) a business unit's property valued below $2,500 while it is on the insured premises.
• D) the personal property of tenants.
• E) the personal property of family members who are traveling.

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Definitions:

Business Transactions

The exchange of goods, services, or funds between two or more parties in a commercial context.

Customer's Expectations

The beliefs or standards that customers have regarding the quality, performance, and value of a product or service.

Repairing Damage

The process of fixing or restoring something that has been broken, harmed, or impaired.

Modifying

The act of making changes or alterations to something, often to improve it or to adjust it to different conditions.