In what way is the HO-5, Comprehensive Form, different from the HO-3, Special Form?

Insurance

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In what way is the HO-5, Comprehensive Form, different from the HO-3, Special Form?

a. Personal property is valued at actual cash value

b. Personal property is insured on an open perils basis

c. The dwelling is valued at replacement cost

d. The dwelling is insured on an open perils basis

Answer: b. Personal property is insured on an open perils basis

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