Multiple Choice
The process of collecting on your property losses begins with ____ and ends with your ____.
A) contacting your insurance representative; signing a release
B) contacting your insurance representative; receiving payment for the loss
C) filing an insurance claim; signing a release
D) filing an insurance claim; receiving payment for the loss
Correct Answer:
Verified
Correct Answer:
Verified
Q64: An addition to a standard insurance policy
Q65: The large-loss principle recommends that you insure
Q66: The type(s) of insurance you carry but
Q67: Milton can sell his house for $175,000,but
Q68: Insurance companies often limit or deny coverage
Q70: Insurance can be purchased for a speculative
Q71: Both property and liability insurance protect you
Q72: Your collision coverage generally protects you when
Q73: The amount of reimbursement for any loss
Q74: Policy limits are the maximum dollar amounts