The mobilehome endorsement alters the homeowners policy to cover a mobilehome and other structures on land

A. Owned or leased by a landlord who does not reside on the premises.

B. Owned by a landlord who does not use the mobilehome located on it.

C. Leased by the owner of the land.

D. Owned or leased by the resident of the mobilehome.

Answer: D.

Insurance

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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Which of the following terms best describe the coverage provided by term policies, as compared to any other form of protection?
All of the following are considered limited lines of authority EXCEPT
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What does the word "level" in Level Term describe?
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How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
What documentation grants express authority to an agent?
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Who is responsible for assembling the policy forms for insureds?
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