State Farm Homeowner Policy FP-7955 Deducible Exam

State Farm Homeowner Policy FP-7955 Deducible
Exam



/. Broad Form,provides coverage for dwelling, personal property, and other
structures(vehicle,fire,theft,falling objects) - Answer-✅HO-2

/.Special Form, insured on an open peril basis if not excluded, coverage are A and B -
Answer-✅HO-3

/.Contacts Broad form,renters homeowners policy, provides coverage for C,D,E,F, -
Answer-✅HO-4

/.Comprehensive form, provides coverage for A,B,C - Answer-✅HO-5

/.Unit owners form, most popular, provides coverage for C,D,E,F, insures real and
personal property around the world, for condo - Answer-✅HO-6

/.Modified coverage form, insures older homes when values are disproportionate would
be created if insurance were written at 100% replacement cost - Answer-✅HO-8

/.An employee whose duties are related to maintenance of premise - Answer-
✅Residence Employee

/.Dwelling-named perils/replacement value
Personal property-named perils/actual cash value - Answer-✅HO-2 broad form

/.Dwelling-open perils/replacement value
Personal Property-named perils/actual cash value - Answer-✅HO-3 special form

/.Personal property-Named perils/actual cash value - Answer-✅HO-4 contents broad

/.Dwelling-open perils/replacement value
Personal property-open perils/actual cash value - Answer-✅HO-5 Comprehensive

/.Personal Property-named perils/actual cash value - Answer-✅HO-6 Unit owners form

/.Dwelling-named perils/repair cost value
Personal Property-named perils/actual cash value - Answer-✅HO-8 Modified Coverage