General Allied Company obtains insurance policies with Hy-Rate Insurance,Inc.,and Ideal InsurCo against the risk of loss of General's of?fice building in a fire.Each policy includes a multiple insurance clause.A fire partially destroys the building.General can collect from Hy-Rate
A) all of the loss.
B) half of the loss.
C) its proportionate share of the loss to the total amount of insurance.
D) none of the loss.
Correct Answer:
Verified
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