Homeowners Property Coverage – Part 2 – Standard Wording

Homeowners Property Coverage (Standard Wording) Part 2

There are certain characteristics common to most Homeowners Forms. We look at those in this course which is based on IBC wordings . This is a continuation of Homeowners Property Coverages based on Standard Industry Wordings. Part 2 continues to look at characteristics shared by Homeowners Forms, with special attention given to Coverage C – Personal Property; Special Limits of Insurance; Extensions of Coverage; and Basis of Claim Payment.

Outline:

• Special Limits of Insurance
• Extensions of Coverage
• Basis of Claim Payment