Question

Section 2 of a homeowners policy covers damage to property of the insured. True or False?

1) True
2) False

Answer 1

The statement is false; Section 2 of a homeowners policy generally covers personal liability and medical payments to others, not damage to property of the insured, which is covered under Section I.

Step-by-step explanation:

Section 2 of a homeowners policy does not cover damage to property of the insured. Instead, it typically covers personal liability and medical payments to others when an accident occurs on the insured property, meaning the correct answer to the question is False. It is Section I of a typical homeowners policy that addresses the dwelling and personal property of the insured against various types of damage such as theft or fire. Hence, to protect against damage or loss, homeowners must insure their property for the cost of full replacement, as this provision falls under the dwelling coverage aspect of the policy.