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02. Definitions
Definitions found in a homeowner policy
12
Insurance
Undergraduate 1
11/28/2011

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Term
INSURED-RESIDENTS
Definition
You and residents of your household who are your relatives or other persons under the age of 21.
Term
INSURED-STUDENTS
Definition
A student enrolled in school full time who was a resident of your household and is under the age of 24, and your relative, or 21 and in your care.
Term
INSURED-PERSONAL LIABILITY
Definition
Any person who is legally responsible for animals or watercraft.
Term
INSURED-MOTOR VEHICLE
Definition
Employees driving a vehicle or other people using a vehicle with your consent.
Term
INSURED LOCATION
Definition
The residence premises
Term
T or F- PART OF ANOTHER PREMISES THAT IS USED BY THE INSURED AS A RESIDENCE AND IS SHOWN IN THE DECLARATIONS IS AN INSURED LOCATION.
Definition
True
Term
T or F-PART OF ANOTHER PREMISES THAT IS ACQUIRED BY THE INSURED DURING THE POLICY PERIOD FOR THE INSURED'S USE AS A RESIDENCE IS AN INSURED LOCATION.
Definition
True
Term
T or F-A PREMISES THAT IS NOT OWNED BY AN INSURED AND WHERE AN INSURED IS TEMPORARILY RESIDING IS NOT AN INSURED LOCATION
Definition
False
Term
T or F-FARM LAND BEING RENTED TO AN INSURED IS CONSIDERED AN INSURED LOCATION
Definition
False
Term
T or F-VACANT LAD OWNED BY AN INSURED IS CONSIDERED AN INSURED LOCATION
Definition
True
Term
T or F-LAND RENTED TO AN INSURED ON WHICH A FAMILY DWELLING IS BEING BUILT AS A RESIDENCE FOR AN INSURED IS AN INSURED LOCATION
Definition
True
Term
T or F-CEMETERY PLOTS OR BURIAL VAULTS OF AN INSURED ARE NOT INSURED LOCATIONS
Definition
False
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