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Personal Risk Management

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  1. List the 6 different ISO homeowners forms and describe the coverage in each.
  2. If Tommy rents an apartment would he benefit from one of the identified homeowner policies? Please explain your answer.
  3. In section 1, which coverage applies to other structures on the premises such as a storage building?
  4. In section 1, which coverage applies to the owner’s personal property such as furniture and clothing?
  5. In section 1, what is the purpose of coverage D?
  6. Explain the policies special limits of liability and when those may apply.
  7. List two items that are not covered under personal property.

What is the difference between special form coverage and named perils coverage