Aendorsement - Study guides, Class notes & Summaries
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Idaho Property and Casualty Exam Review Questions Correctly Answered A score
- Exam (elaborations) • 36 pages • 2023
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Idaho Property and Casualty Exam Review Questions Correctly Answered A score 
 
If I want Replacement Cost coverage on my $200,000 home, I need to purchase how much insurance? 
a.$60,000 
b.$100,000 
c.$160,000 
d.$200,000 - 80% of $200,000 is $160,000. The HO only provides Replacement Cost coverage on the structures if they are insured to 80% of value. 
 
The correct answer is: $160,000 
 
Water damage to a building resulting from fire fighting efforts is: 
a.a direct loss 
 indirect loss - dir...
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AL P&C University Of Alabama Question And Answers With Complete Solutions.
- Exam (elaborations) • 34 pages • 2024
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AL P&C University Of Alabama Question And Answers With Complete Solutions. 
 
 
 
If aa aacompany acancels aan aauto apolicy amid-term, athe arefund awill abe amade aon aa a: 
 
A. apro arata abasis 
B. ashort arate abasis 
C. aretroactive abasis 
D. acoinsurance abasis a- a a a acorrect aanswer a: aA. aPro aRata aBasis 
What ais athe aterm aused ato adescribe aterminating athe ainsurance arelationship aat athe aend aof athe apolicy aperiod? 
 
A. aCancellation 
B. aNonrenewal 
C. aSeparation 
D...
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