STATE: Which of the following statements regarding homeowner's insurance is true?A. The listing agent should advise the seller tocancel homeowner's insurance immediately after by the seller's standard homeowner'sgoing under contractB. Vacant properties are always coveredinsurance policeC. A seller that retains possession after closingmay not be covered under their homeowner'sinsurance policyD. Homeowner's insurance policypremiums are not affected by previousclaims

Homeowner's insurance policy is the insurance policy for your home. It generally covers any…

STATE: Which of the following statements regarding homeowner's irsurance is true A. The listing agent should advise the seller to cancel homeowner's insurance immediately after B. Vacant properties are always covered by the seller's standard homeowner's insurance police going under contract C.A seller that retains possession after closing may not be covered under their homeowner's insurance policy D. Homeowner's Insurance policy premiums are not affected by previous claims

STATE: Which of the following statements regarding homeowner's irsurance is true A. The listing agent should advise the seller to cancel homeowner's insurance immediately after B. Vacant properties are always covered by the seller's standard homeowner's insurance police going under contract C.A seller that retains possession after closing may not be covered under their homeowner's insurance policy D. Homeowner's Insurance policy premiums are not affected by previous claims

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter10: Managing Property And Liability Risk

Section: Chapter Questions

Problem 6LTAI

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Similar questions

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Which of Ike following statements is CORRECT about he Missialement of Age provision in a health policy? A.Il is not an oplional provision. B.It allows an insurance company to adjust the levels of policy benefits for an insured who misslated his age. C.It limits the time wilhin which an insurance company may conlest a claim on the basis of misstatement of age. D.It always voids the contract