Homeowner's Insurance Covers All of the Following Except

question 101

Multiple Choice

Homeowner's insurance covers all of the following except

• A) Personal property.
• B) Personal liability.
• C) Additional living expenses.
• D) Automobiles.
• E) Building and other structures on the property.

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Definitions:

Legally Liable

Being subject to legal responsibility or obligation, particularly in the context of lawsuits or compensations.

Sole Proprietorship

A business ownership structure where a single individual owns, operates, and is responsible for all aspects of the business.

Personally Liable

The legal responsibility of an individual to compensate for debt or obligation from personal assets, not through corporate or shared assets.

Sole Proprietorship

A business structure where a single individual owns and operates the business, personally responsible for all its debts and liabilities.