Which of the following is NOT eligible for homeowner's coverage?

Study for the Florida 20-44 Resident Personal Lines Agent License Exam. Utilize flashcards and multiple-choice questions, each with hints and explanations. Get ready for your exam!

Homeowner's coverage is designed specifically for owner-occupied residences. This type of policy typically requires that the property be owned and occupied by the insured. The selection that indicates a "Single family, tenant occupied home" does not align with this requirement, as it implies that a tenant is occupying the home rather than the owner.

In contrast, renters who reside in any building are not eligible for homeowner's coverage, as this type of policy is not intended for rental situations. Condominium unit owners who rent out their units may have different coverage options, such as a landlord policy, which would not fall under the homeowner's definitions for owner-occupied properties. Similarly, dwellings under construction are eligible for specific coverage types designed to address the unique risks associated with properties that are not yet completed or occupied.

Therefore, a single-family home that is tenant-occupied does not meet the criteria necessary for homeowner's coverage, establishing it as the correct choice for ineligibility in this context.

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