Which one of the following is false concerning subrogation?
A) It reinforces the principle of indemnity.
B) It holds rates below what they would otherwise be.
C) It places the burden of loss on one or more responsible parties.
D) The insured can never receive any money collected through subrogation.
Correct Answer:
Verified
Q17: Which of the following is not a
Q18: In most property insurance contracts assignment is:
A)
Q19: In property insurance, to collect for a
Q20: If there were a $22,000 loss and
Q21: Christopher purchases an insurance contract with the
Q23: Which of the following is correct concerning
Q24: Which of the following does not support
Q25: The functional replacement provision in some property
Q26: Building has been in use 15 years.
A)
Q27: An affirmative warranty states that:
A) something is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents