menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 50: Insurance
  5. Question
    Under a Multiple Insurance Clause, a Homeowner Who Insures a Home
Solved

Under a Multiple Insurance Clause, a Homeowner Who Insures a Home

Question 60

Question 60

True/False

Under a multiple insurance clause, a homeowner who insures a home for 80 percent of its value can recover only 80 percent of the cost for damage to it.

Correct Answer:

verifed

Verified

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

Related Questions

Q55: Energy Industries, Inc., obtains insurance policies with

Q56: Ricky obtains an insurance policy from Security

Q57: Roy, an accountant, injures Sally. She files

Q58: A binder provides temporary insurance coverage.

Q59: Under an antilapse clause, an insurance policy

Q61: Kelsey obtains a business liability insurance policy

Q62: Misstatements or misrepresentations in an application for

Q63: Dan applies for a life insurance policy

Q64: Organic Produce Company obtains an insurance policy

Q65: Clark obtains from Delta Insurance, Inc., a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines