Question

60. Which of the following losses would be covered by an unendorsed homeowners policy?

(Choose from the following options)
1. Faulty or defective zoning
2. Theft in a structure under construction
3. Collapse caused by earthquake
4. Fire or lightning

Answer 1

An unendorsed homeowners policy typically covers fire or lightning damage, but not collapse caused by an earthquake.

Step-by-step explanation:

An unendorsed homeowners policy typically covers certain types of losses, including fire or lightning damage to the dwelling. This means that if a fire or lightning strike causes damage to your home, your homeowners policy should cover the cost of repairs or rebuilding.

However, collapse caused by an earthquake is generally not covered by a standard homeowners policy. Earthquake coverage is usually optional and requires an endorsement or separate policy.

Therefore, in the given options, fire or lightning damage would be covered by an unendorsed homeowners policy, while collapse caused by an earthquake would not be covered.