Which of the Following Statements About the Appraisal Clause in the Homeowners

question 35

Multiple Choice

Which of the following statements about the appraisal clause in the Homeowners 3 policy is (are) true?
I.It is used to determine a value for personal property when the policy is issued.
II.It is used to help settle disputes over the amount of a loss after a loss has occurred.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

1960s

A decade significant for major political, social, and cultural changes around the world.

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