MN Public Adjuster Practice Questions - Minnesota Public Adjuster Exam

What is an HO-3 'Special Form' homeowners policy?

A policy with no exclusions The most common homeowners policy providing open-peril (all-risk) coverage on the dwelling and named-peril coverage on personal property A policy for commercial buildings A policy only for new construction

Correct Answer:

The most common homeowners policy providing open-peril (all-risk) coverage on the dwelling and named-peril coverage on personal property

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