Rosa is the owner of a 30-year-old home, and is looking to buy a homeowner's insurance policy. The previous home she own

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Rosa Is The Owner Of A 30 Year Old Home And Is Looking To Buy A Homeowner S Insurance Policy The Previous Home She Own 1 (47.93 KiB) Viewed 20 times

Rosa is the owner of a 30-year-old home, and is looking to buy a homeowner's insurance policy. The previous home she owned was severely da by a tree falling through the roof, a peril that was not covered by her basic-form policy, therefore she is looking to buy a comprehensive policy to covers damage from all perils (except those specifically excluded). Based on the peril coverage it offers, she purchases an insurance policy. HO-3 Assumi Her home has a replacement value of $450,000, therefore she insures her home for the minimum legal requirement of | she does not purchase any additional coverage beyond the legal minimums, complete the following table indicating the maximum dollar value of reimbursement she can receive for each of the following: Damage to personal property: Medical payments to others: Loss of Use (Additional living expenses): Comprehensive personal liability: S S Insuring While Away at College Rosa's son, Nick, is a college student living in an off-campus apartment where he resides year round. He owns an expensive computer and wants to make sure the full value is insured. Which of the following statements regarding Nick's Insurance needs are true? Check all that apply. His computer is covered under his parents' policy the purchases an H0-4 policy, he can choose the value of the property he wishes to insure Nick should purchase an HO-2 broad form Insurance policy because he is not covered under his parents policy