I don’t know how to handle this Business question and need guidance.
- Explain the difference between endorsements that modify the perils insured against and those that modify valuation provisions.
- What is the purpose of the personal property replacement cost loss settlement endorsement (HO 04 90)?
- What is the purpose of the owned motorized golf cart physical loss coverage endorsement (HO 05 28)?
- What are the two general categories outlined that eliminate or limit homeowners policy coverage for certain types of roof damage? Provide an example of one of these.