"All risks" homeowners' insurance insures you against
A) the general class of risks associated with the perils named in the policy.
B) all risks not specifically excluded in the policy.
C) both flood and earthquake damage.
D) no more risks than a named perils policy.
Correct Answer:
Verified
Q27: The amount of damages you agree to
Q28: Actual cash value is equal to
A)replacement cost
Q29: Which of the following statements concerning homeowners'
Q30: The co-insurance provision on homeowners' policies
A)is meant
Q31: The typical homeowners' policy provides protection against
A)property
Q33: John Biner's roof was totally ruined by
Q34: A new roof costs $10,000.Assume that the
Q35: The coinsurance provision in the homeowners' policy
Q36: A policy that reimburses you for losses
Q37: Joan insures her house (with a market
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