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Property Insurance Ch. 24 Jacobus 1. Property damage a. Fire b. Other perils 2. Public liability or personal liability a. Legal duty to exercise reasonable care and fail to do so thereby causing injury 3. Homeowner policy a. Basic Policy b. Broad c. Comprehensive d. Special Form e. Liability coverage and Medical Payments f. Landlord policies g. Flood insurance 4. Insurance requirements of Lenders a. Actual cash value or replacement cost b. Insurable interest