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8. 1H0-3 does not involve coverage for parties c. Yes. They are covered under Se

ID: 358902 • Letter: 8

Question

8. 1H0-3 does not involve coverage for parties c. Yes. They are covered under Section I1-Coverage E d. Yes, under the umbrella policy only e. None of the above 7. The dog was playing with the water faucet in the budhroom and left the water nunning for heurs, flooding the downstairs of the home. The wooden floors and the walls were damaged as well as the furnishing. Is there coverage? a. No, sach inside flood is excluded under exclusions to Section I of the HO-3 b. Ouly the wooden floors and walls are oovered under Part A of HO-3, but nothing else is covered dac to exclusions Since the dog is at fault, there is coverage under Section II Part E d. The coverage is available for all losses under Section I Parts A and C of the HO-3 Compare coverage Parts A·nd E of 110-3 and the PAP plies. a, Coverage A in the HO-3 is first party coverage and coverage D is thind party coverage in b. Coverage Aan the 110-3 is first party coveri gemdcom D is first party coverage in e Coverage A in the PAP is flest party covernge and coverage E is third party coverage in the PAP policy the PAP policy the HO-3 policy vernge A in the O-3 is third party coverage and covenge D he PAP policy D is thind party coverage in The following scenario of for question 9-10 owns a KAV4 and her friend Mrs. Linkage owns the 20ss Sop Grnd Chenkee Lad from hown above from ve exactly the same cevernges as shown in the State Farm quote Chek of thens ha above for the Linkages for their PAP these qurstions une the State Farm quones above La o. Lilly bomowed Mrs. Linkage owns the 2013 shop in response to recalls Whilde driving the 3013 C policy if is is dhas Lilly has $570,000 of bodily injury t Find the justification for ) pays under coverage A 5300000nd Mrs. Linkage 3m's ally's insurance (Allstate) is "dalia.«,die extra of S27000 plus de

Explanation / Answer

7-a. Under section 1 exclusion inside flood is excluded and it is done due to the dog. It is responsibility of the owner to check the water.

8-b. Coverage A in HO-3 and coverage D in PAP is first party coverage means only the person who own the property or directly sufferd will get the compensation.

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