Most home insurance policies cover jewelry for $2060 and silverware for $2300 unless items are covered...

Most home insurance policies cover jewelry for $2060 and silverware for $2300 unless items are covered with additional insurance.

If $4820 worth of jewelry and $4820 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance?

(Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)

Expert Solution

The insurace won't cover (4820-2060)+(4820-2300)=5280. because this is not under the clause as mentioned in the insrance policies.

keosha answered 2 years ago

Most home insurance policies cover jewelry for $2060 and silverware for $2620 unless items are covered...

Most home insurance policies cover jewelry for $2060 and silverware for $2620 unless items are covered with additional insurance. If $4640 worth of jewelry and $4440 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance? (Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)

Most home insurance policies cover jewelry for $2080 and silverware for $2840 unless items are covered...

Most home insurance policies cover jewelry for $2080 and silverware for $2840 unless items are covered with additional insurance. If $4400 worth of jewelry and $5100 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance? (Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)

Most home insurance policies cover jewelry for $1860 and silverware for $2740 unless items are covered with additional insurance

Most home insurance policies cover jewelry for $1860 and silverware for $2740 unless items are covered with additional insurance.If $4920 worth of jewelry and $5010 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance?

a. Most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are...

a. Most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If a family had $3,200 of jewelry and $3,600 of silverware stolen, what amount of the claim would not be covered by insurance? b. What amount would a person with actual cash value (ACV) coverage receive for two-year-old furniture destroyed by a fire? The furniture would cost $1,000 to replace today and had an estimated life of five years. c....

An insurance company offers two policies that cover the cost of repairs from driving accidents. A...

An insurance company offers two policies that cover the cost of repairs from driving accidents. A policy costing $600 annually has an $800 deductible (meaning the driver is responsible for paying the first $800 in damages before the insurance kicks in), whereas a policy that costs $2 comma 500 annually has a $350 deductible. Assume that accidents that get reported to the insurance company require more than $800 to repair the car. If the number of accidents are modeled as...

which of commercial property insurance coverages policies would cover a course of construction and why? please...

which of commercial property insurance coverages policies would cover a course of construction and why? please explain in detail

Can Homeowner insurance cover tenant damages in case of fire or personal items in case theft....

Can Homeowner insurance cover tenant damages in case of fire or personal items in case theft. Or should Homeowner have tenant insurance separately to cover when renting it out? Is it illegal to have both Homeowner & tenant insurance at the same time? Is Yes, please explain why.

Many elderly people have purchased medigap insurance policies to cover a growing Medicare copayment. These polices...

Many elderly people have purchased medigap insurance policies to cover a growing Medicare copayment. These polices cover some or all of the medical costs not covered by Medicare. use economic theory to explain how these policies likely influence the demand for health care by elderly people.

Which of the following losses is most likely to be covered under your auto liability insurance?...

Which of the following losses is most likely to be covered under your auto liability insurance? a. an auto repair bill for repairs to the car of a driver who negligently caused an accident with you. b. a legal bill incurred by your insurance company who is defending you from a claim related to an accident caused by your negligence. c. a medical bill for injuries to a passenger in your car arising from an accident in which you were...

In general, offering to sell insurance policies is most effective in situations where there is… Group...

In general, offering to sell insurance policies is most effective in situations where there is… Group of answer choices a. a high probability of a small loss. b. a low probability of a small loss. c. a high probability of a large loss. d. a low probability of a large loss.

Question