If an owner-occupied dwelling is totally destroyed without criminal fault on the part of the insured, the amount of the loss covered by a property policy would be based on:
If an owner-occupied dwelling is totally destroyed without criminal fault on the part of the insured, the amount of the loss covered by a property policy would be based on:
A.
a depreciated value of the dwelling
B.
the policy limits
C.
the market value of the dwelling
D.
the assessed value of the dwelling
Answer: B
Comments
Post a Comment