The apportionment clause makes it impossible for you to collect more than the value of your loss when you have multiple policies.

Question

Quizplus · Accepted Answer

The apportionment clause dictates that each policy will pay only its proportional share of the loss, preventing the insured from collecting more than the full amount of the loss. Therefore, it is true that you cannot collect more than the value of your loss when you have multiple policies.

The Apportionment Clause Makes It Impossible for You to Collect