Homeowners Policy (HO)Câu 334 / 474
A house fire destroys $9,000 of silverware. How does the $2,500 special limit for silverware apply to this loss?
a.It is voided once a fire report is filed
b.It is a theft limit, so Coverage C applies
c.It applies to any peril, so $2,500 is paid
d.It applies, but doubles for fire losses
Giải thích
The $2,500 special limit on silverware, goldware and pewterware is written for loss by theft, so a fire loss is settled under the ordinary Coverage C limit instead of the sublimit. The answer applying $2,500 to any peril confuses a theft sublimit with a class limit that runs across all perils. No special limit doubles because the peril happened to be fire.
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Câu hỏi liên quan cùng chủ đề
- On a standard unendorsed homeowners form, the special limit that applies to securities, deeds, manuscripts and similar valuable papers is:
- A homeowner's small sailboat, its trailer and its outboard motor are damaged by a covered peril. Under Coverage C on an unendorsed form, the most payable for the boat, trailer and equipment together is:
- A homeowner runs a side business from the house and keeps $7,000 of stock and equipment there. Under Coverage C on a standard unendorsed form, business property on the residence premises is limited to:
- Which class of property is subject to the $200 special limit under Coverage C on a standard unendorsed homeowners form?
- A fire destroys three ornamental trees worth $1,200 each on an insured's lot. Coverage A is $300,000. Under the trees, shrubs and other plants additional coverage, the policy pays:
- A fire department bills an insured $900 for responding to a fire at the covered dwelling. Under the fire department service charge additional coverage, the policy pays:
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