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

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