In: Operations Management
Which of the following exclusions or limits would be imposed on
the property insurance coverage provided by the Haurilick family’s
HO-03 policy?
(1) There would be no coverage for
recreational motor vehicles.
(2) Coverage on boats and trailers would
be limited to $1,500.
(3) Coverage for theft of jewelry would be
limited to $1,500.
(2) Coverage on boats and trailers would be limited to $1,500.
Under the Haurilick family’s HO-03 policy, Coverage C for personal property coverage provides coverage on boats and trailers but the amount is very limited to $1,500.