The Basic Homeowner policy covers which of the following?

The Basic Homeowner policy covers which of the following?

• A. Building, personal property, summer cottage.
• B. Building, detached private structures, additional living expenses.
• C. Building, legal liability, increased personal property.
• D. Building, personal property and fine arts endorsements.

Answer: (B)

This item tests what the Basic Homeowners policy covers. The basic form provides protection for the dwelling itself, for other structures on the property (such as a detached garage or shed), and for loss of use or additional living expenses if you must live elsewhere while repairs are made for a covered loss. The option that lists building, detached private structures, and additional living expenses matches exactly the coverages included in the basic form. Personal property, liability, and optional endorsements like fine arts are part of the overall policy, but they aren’t what this particular selection centers on.

This item tests what the Basic Homeowners policy covers. The basic form provides protection for the dwelling itself, for other structures on the property (such as a detached garage or shed), and for loss of use or additional living expenses if you must live elsewhere while repairs are made for a covered loss. The option that lists building, detached private structures, and additional living expenses matches exactly the coverages included in the basic form. Personal property, liability, and optional endorsements like fine arts are part of the overall policy, but they aren’t what this particular selection centers on.