Under the HO-3 homeowners policy, who would be considered an insured?

In the context of an HO-3 homeowners policy, the term "insured" includes certain individuals as specified in the policy. The named insured, who is the primary person listed on the policy, is typically covered, and this coverage extends to their spouse if they are living in the same household. Additionally, the policy covers any relatives of the named insured who are also living in the home.

The correct answer points to the named insured's 25-year-old son living at home, indicating that he qualifies as an insured under the policy. This coverage is grounded in the fact that he is a relative of the named insured and resides in the same household, which is a critical aspect of the policy's definition of who is insured. Generally, the policy aims to provide a safety net for the named insured's immediate family members who share their home, encompassing children of various ages as long as they have not established a separate household.

In contrast, choices that limit coverage strictly to the spouse or to only relatives without acknowledging residents, such as the option describing 'any individual living in the home' without specifying family ties, do not accurately reflect the approach of the HO-3 policy when it comes to defining insured status. The focus on relations and residence thus