Which of the following statements about the condominium commercial-unit owners coverage form is (are) true?

Which of the following statements about the condominium commercial-unit owners coverage form is (are) true?



I. It provides coverage for the unit owner's proportionate financial interest in the condominium building.
II. It provides coverage for fixtures and improvements which are part of the building and owned by the unit owner.


A) I only
B) II only
C) Both I and II
D) Neither I nor II


Answer: B

Popular posts from this blog

You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries?