Which of the following is true regarding whether the insureds in the "Case Opener" were entitled to insurance coverage for imported toxic Chinese drywall used in their home?
A) The court ruled that the insureds were entitled to coverage for personal injuries because of their insurance company's warranties,but not coverage for property damage.
B) The court ruled that the insureds were entitled to property damage coverage because of their insurance company's warranties,but not coverage for personal injuries.
C) The court ruled that the insureds were entitled to coverage for both property damage and personal injury based on their insurance company's warranties.
D) The court ruled that the insureds were not entitled to coverage.
E) The court ruled that the insureds were entitled to full coverage only if they could establish that the insurer knew of the drywall problems when it issued the policy.
Correct Answer:
Verified
Q28: Which of the following clauses states that
Q29: An individual would purchase _ insurance to
Q30: A person must be subject to economic
Q31: A[n] is an agreement between an applicant
Q32: If insurance covers some type of business
Q34: The parties express their agreement for insurance
Q35: An insurance policy that covers an individual's
Q36: A policy of fidelity insurance is an
Q37: _ is a term used to define
Q38: The _ is the term used for
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