Question

In: Operations Management

Which of the following exclusions or limits would be imposed on the property insurance coverage provided...

Which of the following exclusions or limits would be imposed on the property insurance coverage provided by the Haurilick family’s HO-03 policy?

     (1) There would be no coverage for recreational motor vehicles.
     (2) Coverage on boats and trailers would be limited to $1,500.
     (3) Coverage for theft of jewelry would be limited to $1,500.

Solutions

Expert Solution

(2) Coverage on boats and trailers would be limited to $1,500.

Under the Haurilick family’s HO-03 policy, Coverage C for personal property coverage provides coverage on boats and trailers but the amount is very limited to $1,500.


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