Which of the following is NOT a difference between the Dwelling policy and Homeowners policy?
In Dwelling forms, the liability coverage is available only by endorsement, whereas in Homeowners it is always included.
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In Dwelling forms, theft is a broad form peril, whereas in Homeowners it is not.
In Dwelling forms, only 10% of the Coverage C limit is available for personal property away from the residence premises, whereas in Homeowners it is covered worldwide.
In Dwelling forms, personal property coverage is optional, whereas in Homeowners it is included.



Answer :

Final answer:

The Dwelling and Homeowners policies differ in terms of liability, theft, and personal property coverage.


Explanation:

The Dwelling policy and Homeowners policy have differences in coverage:

  1. Liability coverage: In Dwelling forms, it is available only by endorsement, while in Homeowners it is always included.
  2. Theft coverage: In Dwelling forms, theft is a broad form peril, but in Homeowners, it is not.
  3. Personal property coverage: In Dwelling forms, only 10% of Coverage C limit is available for personal property away from the residence premises, whereas in Homeowners, it is covered worldwide.

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