Which of the Following Statements Concerning Coverage Under the Homeowners

question 40

Multiple Choice

Which of the following statements concerning coverage under the Homeowners 3 policy is true?

• A)If a power failure away from the insured dwelling causes a loss,the loss is covered.
• B)If a Coverage C peril causes a collapse,the resulting damage is covered.
• C)If an insured peril damages a portion of a pair or set (e.g.matching lamps or end tables),the insurer must pay the full value of the entire pair or set.
• D)If a discharge from a home appliance causes the home to flood,the loss is excluded..

---

Definitions:

Routing File

A document or digital file that outlines the process steps, materials, and paths to be followed to manufacture a part or assembly.

Dependable Delivery

The consistency and reliability of a supplier or company in delivering products or services to customers within the promised time frame.

Effective Scheduling

The process of organizing, managing, and allocating resources and tasks in a way that maximizes efficiency and productivity.

Lower Cost

A strategy or action aimed at reducing expenses in a business operation, thereby increasing profitability.