Solved

An Increase in the Amount of the Deductible Will

Question 27

Multiple Choice

An increase in the amount of the deductible will:


A) increase the insurance coverage.
B) decrease the replacement cost of the insured property.
C) decrease the amount of insurance premiums.
D) increase the personal property floater (PPF) coverage for the insured property.
E) decrease the value of the property.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions