The Minimum Level of Personal Liability Coverage Per Accident in a Homeowner's

question 39

Multiple Choice

The minimum level of personal liability coverage per accident in a homeowner's policy is?

• A)$50,000
• B)$100,000
• C)$250,000
• D)$150,000

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Definitions:

Deceit

This tort involves the fraudulent and intentional misleading of another person causing injury.

Undue Influence

An improper or unfair persuasion that compels someone to act against their will or best interest, often affecting legal agreements or decisions.

Rescission

The legal revocation, cancellation, or repeal of a contract, returning all parties to their state prior to the agreement.

Misrepresentation

The act of providing false or misleading statements that induce someone to enter into a contract.