Michelle Had Four Matching End Tables in Her Home

question 33

Multiple Choice

Michelle had four matching end tables in her home. A fire damaged the home, destroying two of the end tables. Michelle's home was covered by an unendorsed Homeowners 3 policy. Which of the following is true with regard to the settlement for the end tables in this case?

• A) Loss to a pair or set is excluded under the policy.
• B) The insurer will pay the difference in actual cash value of the property before and after the loss.
• C) The insurer will pay the replacement cost of the loss.
• D) If a partial loss to a pair or set occurs, the insurer is liable for replacement of the entire pair or set.

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