1. The HO-8 homeowners form is intended for older homes and typically settles dwelling losses on a(n):

Actual cash value or functional repair-cost basis

The HO-8 form is for older homes and settles dwelling losses on an actual cash value or functional repair basis.

2. Coverage B of a homeowners policy applies to:

Other structures such as a detached garage or shed

Coverage B insures other structures on the premises, such as a detached garage, fence, or shed.

3. Coverage that helps pay the increased cost of rebuilding to meet current building codes is:

Ordinance or law coverage

Ordinance or law coverage pays the added cost of rebuilding to comply with current building codes.

4. An additional coverage that pays to remove the remains of damaged covered property after a loss is:

Debris removal coverage

Debris removal is an additional coverage that pays the cost to remove debris of covered property after a loss.