menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Risk Management and Insurance Study Set 1
  4. Exam
    Exam 13: Homeowners Insurance
  5. Question
    One Purpose of Exclusions in the HO Policy Is to Eliminate
Solved

One Purpose of Exclusions in the HO Policy Is to Eliminate

Question 17

Question 17

True/False

One purpose of exclusions in the HO policy is to eliminate losses due to moral hazard.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: No consequential or loss of use losses

Q13: You have an HO policy with the

Q14: A coinsurance requirement, if not met, serves

Q15: Mary's house catches on fire. $9,000 of

Q16: All of the following are available under

Q18: With respect to the HO dwelling coverage,

Q19: The HO policy provides professional liability insurance

Q20: All of the following are available under

Q21: Explain why there is a coinsurance clause

Q22: The HO policy's Mortgage Clause continues to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines