Minnesota Real Estate Exam Practice Question
Under a Homeowners Policy, which of the following perils can be covered by endorsement?
Correct Answer: C
Rationale: Homeowners Policies typically cover specific perils, but some may require endorsements for broader protection. Earthquake coverage is often not included in standard policies and can be obtained through an endorsement, making it a viable option for homeowners in seismically active areas.
Corrosion (A) is generally considered a maintenance issue and is not covered. War (B) is typically excluded from all homeowners policies due to the unpredictable nature of conflict. Inherent vice (D) refers to the natural characteristics of an item that cause it to deteriorate, which is also excluded from coverage. Thus, earthquake endorsement uniquely provides necessary protection.
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