财产保险基础第 265 / 531 题
A buyer pays $420,000 for a house. A recent appraisal values the lot alone at $130,000, and a contractor estimates $310,000 to rebuild the structure. The dwelling limit should be based on:
a.$290,000
b.$420,000
c.$130,000
d.$310,000
解析
Dwelling coverage is written on the cost to rebuild the structure, which is the contractor's $310,000 figure, because the $130,000 lot is not exposed to fire. Insuring to the $420,000 purchase price buys coverage the owner can never collect, since indemnity limits recovery to the actual loss. The $290,000 figure is the price less the lot, which is a real estate calculation rather than a rebuilding cost and understates what construction would take.
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