All of the Following Are Additional Coverages Under Section I

question 28

Multiple Choice

All of the following are additional coverages under Section I of the Homeowners 3 policy EXCEPT

• A)the reasonable expenses of removing debris after an insured loss.
• B)fire department service charges for which the insured is liable by contract or agreement.
• C)damage to trees and shrubs caused by a windstorm.
• D)losses incurred from the unauthorized use of a stolen credit card.

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Definitions:

Accounting System

A structured process of collecting, recording, summarizing, and reporting financial transactions of a business or individual.

Financial Advantage

The benefits derived from specific financial actions, decisions, or situations, typically measured in terms of profit, cost savings, or return on investment.

Costs Associated

Expenses that are linked or related to a particular business activity, product, or process.

Selling Price

The price at which a product or service is sold to customers, determined by factors such as market demand, production costs, and competition.