Which of the following statements concerning coverage under the ...

[mrsjacobs44]

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. .

Question 2

Past relationships among variables on the balance sheet and income statement are typically POOR predictors of the future.
 
  Indicate whether the statement is true or false

[ju]

Answer to Question 1

Answer: B

Answer to Question 2

FALSE

[mrsjacobs44]

Excellent

[nothere]

TYSM