Which of the following statements is (are)true regarding how the Homeowners 3 policy handles the peril of collapse?
I.Collapse is specifically excluded,and there are no exceptions to the exclusion.
II.Collapse that is caused by a Coverage C peril is covered.
A)I only
B)II only
C)both I and II
D)neither I nor II

Question

Quizplus · Accepted Answer

The Homeowners 3 policy covers collapse that is caused by a Coverage C peril. The policy excludes coverage for collapse except as provided in the Coverage C - Personal Property section. Therefore, statement I is incorrect as there are exceptions to the exclusion. Statement II is correct in that collapse caused by a covered peril under Coverage C is covered.

Which of the Following Statements Is (Are)true Regarding How the Homeowners