Principles of Risk Management and Insurance, 13th Edition

Chapter 23 Homeowners Insurance, Section II

“How to win in court: If the law is on your side, pound on the law; if the facts are on your side, pound on the facts; if neither is on your side, pound on the table.”

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Learning Objectives

After studying this chapter, you should be able to

• Explain the personal liability coverage found in Section II of the homeowners policy.

• Explain the medical payments to others coverage found in Section II of the homeowners policy.

• Identify the major exclusions that apply to the Section II coverages in the homeowners policy.

• Discuss important conditions that apply to the Section II coverages in the homeowners policy.

• Explain the following endorsements that can be added to a homeowners policy:

  • – Inflation guard ...