In: Finance
Insurance companies will not pay for the full cost of a claim in the event that you do not have your property insured for at least 80% of its value due to which of the following?
| A. |
Co-insurance |
|
| B. |
Depreciation of assets provision |
|
| C. |
Limited liability |
|
| D. |
Insurable interest |
Insurance companies will not pay for full cost of a claim in the event that you do not have your property insured for at least 80% of its value due to:
D. Insurable interest