Section II - Liability Coverage of the Homeowners policy provides Voluntary Property Damage coverage in which one (1) of the following situations? OA) The insured's garage is damaged by a neighbour's son who has backed into it with an automobile. OB) A window is deliberately Broken by the insured who had locked himself/herself out of the house. OC) Neighbourhood children damage the insured's above-ground pool. OD) A neighbour's window is broken by the insured's teenager who is playing baseball in the backyard.

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
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Chapter3: Business Income And Expenses
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Section II - Liability Coverage of the Homeowners policy provides Voluntary Property Damage coverage in which one (1)
of the following situations?
OA) The insured's garage is damaged by a neighbour's son who has backed into it with an automobile.
OB) A window is deliberately Broken by the insured who had locked himself/herself out of the house.
OC) Neighbourhood children damage the insured's above-ground pool.
OD) A neighbour's window is broken by the insured's teenager who is playing baseball in the backyard.
Transcribed Image Text:remaining Language: English Français Font Size: Section II - Liability Coverage of the Homeowners policy provides Voluntary Property Damage coverage in which one (1) of the following situations? OA) The insured's garage is damaged by a neighbour's son who has backed into it with an automobile. OB) A window is deliberately Broken by the insured who had locked himself/herself out of the house. OC) Neighbourhood children damage the insured's above-ground pool. OD) A neighbour's window is broken by the insured's teenager who is playing baseball in the backyard.
The insured contacts his Broker to advise that he has moved. During the conversation, the insured mentions that he
recently became a Realtor and uses his vehicle to visit clients. The insured's vehicle is currently rated for pleasure use
only. What should the Broker recommend to the insured?
OA) Change the use of the vehicle to business use.
OB) Keep the use of the vehicle as pleasure.
use
OC) Change the use of the vehicle to commute to work.
OD) Convert to a commercial policy.
Transcribed Image Text:The insured contacts his Broker to advise that he has moved. During the conversation, the insured mentions that he recently became a Realtor and uses his vehicle to visit clients. The insured's vehicle is currently rated for pleasure use only. What should the Broker recommend to the insured? OA) Change the use of the vehicle to business use. OB) Keep the use of the vehicle as pleasure. use OC) Change the use of the vehicle to commute to work. OD) Convert to a commercial policy.
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