Chapter 6, Problem 38P

Quick answer of this accounting questions

Which of the following items would not automatically be covered under an HO-3 form?   the insured’s driveaway, if damaged by falling object The insured’s pedigreed collie valued at $6000 or $7000 A lawnmower in the insured’s garage personal property of the insured’s daughter who is away from college

In an attempt to locate fuser potential coverage needs, a producer interviews a prospective client who owns a home covered by an HO-3 policy. For which of the following items does the client already have coverage? a. the steroids system installed in his automobile b. the ultra-light airplane stored in his garage c. his business property kept in his office that he rents d. the rental value of the room in his home that he rents