财产保险基础第 264 / 531 题
Why is the value of the lot left out when an agent sets the amount of insurance on a house?
a.Land value is added at the time of loss
b.Land cannot be destroyed by insured perils
c.Land is covered by the mortgage clause
d.Land is insured under a separate policy
解析
Insurable value is the cost to replace the structure, and the lot survives the fire that destroys the house, so there is no loss on the land to indemnify. That is why a purchase price and an insurable value rarely match: market value bundles in the land and the neighborhood, while insurable value does not. No property policy issues separate land coverage, and the mortgage clause protects a lender's financial interest rather than the ground itself.
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