Question

ALL of the following are included in the definition of insured premises under the Homeowners Policy, EXCEPT:

a. Cemetery plots or burial vaults owned by the insured.
b. Premises where the insured is temporarily residing.
c. Premises where the insured maintains a residence.
d. Vacant farm land owned by or rented to the insured.

Answer 1

Option (d) 'Vacant farm land owned by or rented to the insured' is not covered under a standardized Homeowners Policy because these policies usually cover premises used for residential purposes, whereas vacant farm land typically does not fit this category.

Step-by-step explanation:

The question asks which of the listed options is NOT included in the definition of insured premises under a Homeowners Policy. Option (d) 'Vacant farm land owned by or rented to the insured' is not typically included in standard Homeowners Policies. This is because Homeowners Policies are designed to cover premises that are used as the insured's residence and typically include:

• Cemetery plots or burial vaults owned by the insured.
• Premises where the insured is temporarily residing.
• Premises where the insured maintains a residence.

However, vacant farmland does not fit the usual criteria of premises used for residence and would likely require a different type of insurance policy.