True/False
Homeowner's policies may include a clause that automatically raises the policy coverage amount each year to keep pace with inflationary increases in the cost of replacing the dwelling.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q101: Which of the following perils is not
Q102: When considering insurance,loss frequency is more important
Q103: As reported in the newspaper,an insurance company
Q104: Umbrella liability insurance policies provide for high
Q105: The insurance company carries the burden of
Q107: Insurance coverage may be denied if policy
Q108: Both collision and comprehensive coverage are usually
Q109: Homeowner's insurance can pay for additional expenses
Q110: Property damage liability claims tend to be
Q111: The process of deciding which insurance applicants