1. Coverage F (medical payments to others) of a homeowners policy pays:

Reasonable medical expenses of others accidentally injured on the premises, regardless of fault

Coverage F pays reasonable medical expenses for others injured on the premises, without regard to the insured's fault.

2. Homeowners policies commonly require the dwelling to be insured to at least what portion of its replacement cost to avoid a penalty?

Eighty percent

Homeowners forms commonly require insurance to at least eighty percent of replacement cost to avoid a coinsurance-type penalty.

3. An open-perils (special) form covers:

All direct physical losses except those specifically excluded

An open-perils form covers all direct physical loss unless a peril is specifically excluded in the policy.

4. An inflation guard endorsement on a homeowners policy:

Automatically increases the coverage limits over time to keep pace with rising costs

The inflation guard endorsement gradually raises the coverage limits to keep up with increasing replacement costs.