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Insurance & Risk Management
19. Chapter 22: Homeowners Insurance, Section I/The Homeowners 3 Policy: Section I Coverages
19. Chapter 22: Homeowners Insurance, Section I Illustration
Syllabus Slides

The Homeowners 3 Policy: Section I Coverages

01.Core Concepts

Coverage C insures personal property owned or used by an insured Personal property is covered anywhere in the world, both on and off the premises The amount of coverage is 50% of Coverage A, but can be increased if desired Coverage for personal property at another residence, such as a vacation home, is limited to 10% of Coverage C or $1000, whichever is greater Certain types of personal property have maximum dollar limits on the amount paid for any loss