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20. Which of the following individuals might need the homeowners ordinance or la

ID: 2594481 • Letter: 2

Question

20. Which of the following individuals might need the homeowners ordinance or

law - increased amount of coverage endorsement (HO 04 77) to a

homeowners policy?

1. A person who owns a home in an older neighborhood.

2. A person who owns a home in an historical area.

3. A person who owns a home in a recently re-zoned neighborhood.

4. All of the above.

1. A person who owns a home in an older neighborhood.

2. A person who owns a home in an historical area.

3. A person who owns a home in a recently re-zoned neighborhood.

4. All of the above.

Explanation / Answer

Any person who owns home in an older neighbourhood or historical area or in a recently re-zoned neighbourhood might need the homeoeners ordinance or law.

Hence the correct option is 4) All of the above