All of the following statements about the Homeowners 6 (unit-owners form)policy are true EXCEPT
A)It includes personal liability coverage.
B)It covers personal property on an "all-risks" basis.
C)It provides limited coverage for improvements and alterations.
D)It provides limited coverage for loss assessments.

Question

Quizplus · Accepted Answer

The Homeowners 6 policy, also known as the unit-owners form, typically covers personal property on a named-perils basis, not an "all-risks" basis.

All of the Following Statements About the Homeowners 6 (Unit-Owners