1. What Does the HO-8 Form Cover

Provides coverage for older homes when the replacement and market value of the dwelling are disproportionate

2. What is Actual Cash Value?

Replacement Cost - Depreciation

3. What is Replacement Cost?

The cost to replace right away with a like/similar item

4. What is a Named Insured?

Person or Persons designated on the policy's dec page (Main GUY)

5. What is (Part A) of Personal Auto Policy?

Liability Coverage

6. What is (Part B) of Personal Auto Policy?

Medical Payments

7. What is (Part C) of Personal Auto Policy?

Uninsured Motorist

8. What is (Part D) of Personal Auto Policy?

Coverage for Damage to Your Auto

9. What is (Part E) of Personal Auto Policy?

Duties After an Accident or Loss

10. What is (Part F) of Personal Auto Policy?

General Provisions

11. What Considers you Personal Auto Eligible?

Needs a gross weight of 10,000 pounds or less. Primary use must be personal

12. TRUE or FALSE?
    
    Delivery or Commercial Use of An Eligible Vehicle Renders it Ineligible - It Must Go Under Business Auto?

True

13. What enables a Vehicle to be a "Your Covered Auto"

Any vehicle shown in the dec page, newly acquired auto, any trailer insured owns, any auto or trailer used as a substitute that the insured doesn't own

14. What is a Split Limit?

Bodily Injury Limit (per person), Bodily Injury Limit (per accident), Property Damage Limit (per accident)

15. What is a Combined Single Limit?

Maximum aggregate per accident no matter what