Other-insurance clauses help prevent the violation of the principle of indemnity.
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Q4: The principle of indemnity generally limits the
Q8: You would be considered to be negligent
Q10: Actual cash value provides coverage at the
Q12: A peril is a cause of loss.
Q13: The terms "perils" and "losses" refer to
Q13: Fire is an example of a hazard.
Q14: Property inventories are important to identify insurance
Q15: Antiques,collections,and boats are adequately protected under a
Q15: Floods are specifically defined in homeowner's policies.
Q19: The principle of indemnity states that the
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