An insured travels to Europe and has her fur coat stolen. The fur is worth $1,000. She is insured under an HO-4 contents policy. What will be paid by the insurer?

An insured travels to Europe and has her fur coat stolen. The fur is worth $1,000. She is insured under an HO-4 contents policy. What will be paid by the insurer?



$1,000 less the deductible

Nothing because the property is out of the US

$500

Furs are excluded for theft coverage



Answer: $1,000 less the deductible

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