What are the primary differences between an HO-3 and an HO-8 …
2015年8月19日 · Use the chart* below to compare the differences between Citizens Homeowners 3 - Special Form (HO-3) and Citizens Homeowners 8 - Modified Coverage Form (HO-8) …
What is a Homeowners 8 (HO-8) policy?
2013年1月18日 · The Citizens Homeowners 8 - Modified Coverage Form policy provides highly restrictive coverage that could pay policyholders significantly less in the event of a loss than …
What are the eligibility guidelines for an HO-8 policy?
2015年8月19日 · Applicants for the Citizens Homeowners 8 - Modified Coverage Form (HO-8) policy must meet the following guidelines:
What are the Loss Settlement options for an HO-8 policy?
2015年8月19日 · The Citizens Homeowners 8 – Modified Coverage Form (HO-8) provides two loss settlement options, which can be changed only at renewal:
Agent Technical Bulletin #001-13: Personal Residential Multiperil ...
2013年6月4日 · Agent Technical Bulletin #001-13: Personal Residential Multiperil Policy Form Introduction: HO-8 Homeowners Modified Form
Will my mortgage company accept an HO-8 policy?
2013年1月18日 · HO-8 policies, particularly those that include the Actual Cash Value (ACV) loss settlement option, may not meet the minimum insurance requirements of some mortgage …
Does an HO-8 policy cover jewelry and similar property?
The HO-8 policy does not provide coverage for such items including, but not limited to, jewelry, watches, furs, precious and semiprecious stones, firearms, gold or gold-plated ware, silver or …
Does an HO-8 policy provide Fungi, Wet or Dry Rot, Yeast or …
2015年8月19日 · Yes. The HO-8 policy provides reduced Fungi, Wet or Dry Rot, Yeast or Bacteria coverage. The available sublimit provides $5,000 for property damage and $25,000 for liability.
What is an example of a claim scenario that illustrates the ... - Public
2015年8月19日 · The claims example below illustrates the differences between a Citizens Homeowners 3 - Special Form (HO-3) and a Citizens Homeowners 8 - Modified Coverage …
Is water a covered peril on an HO-8 policy?
2015年8月18日 · No. The HO-8 does not provide coverage for the peril of water. This means the following occurrences are not covered: