All of the following are eligible for a Homeowner Policy, EXCEPT:

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Multiple Choice

All of the following are eligible for a Homeowner Policy, EXCEPT:

Explanation:
A standard Homeowner Policy is intended for private residences owned by individuals or families who live in the dwelling. Renters can obtain coverage through an HO-4 policy, owner-occupants of 1–4 family dwellings can insure their home with a typical homeowners form, and condominium unit owners can use an HO-6. Dwellings owned by a corporation don’t fit this personal-ownership model, so they aren’t eligible for a standard Homeowner Policy and would generally be insured under a commercial or different property policy instead.

A standard Homeowner Policy is intended for private residences owned by individuals or families who live in the dwelling. Renters can obtain coverage through an HO-4 policy, owner-occupants of 1–4 family dwellings can insure their home with a typical homeowners form, and condominium unit owners can use an HO-6. Dwellings owned by a corporation don’t fit this personal-ownership model, so they aren’t eligible for a standard Homeowner Policy and would generally be insured under a commercial or different property policy instead.

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