« previous next »

Author Question: Len is considering the purchase of a home. As a home is a large investment, Len wants to make sure ... (Read 118 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
on: Jul 11, 2018
Len is considering the purchase of a home. As a home is a large investment, Len wants to make sure that there are no liens, easements, or other encumbrances preventing him from an unchallenged right to possess and enjoy his property.
 
  Len can protect this right through the purchase of
  A) extended coverage insurance.
  B) replacement cost insurance.
  C) personal umbrella insurance.
  D) title insurance.

Question 2

Tina purchased a personal umbrella policy with a 1 million limit. Her insurer required her to carry liability limits of 250/500/50 under her auto insurance policy.
 
  The personal umbrella policy was written with a 1,000 self-insured retention. Tina was responsible for an auto accident in which the other driver was severely injured. The other driver's bodily injuries were 400,000 and the property damage was 20,000. How much will the insurer pay under Tina's umbrella policy?
  A) nothing
  B) 149,000
  C) 150,000
  D) 170,000


gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Using the Ti plasmid and Agrobacterium tumefaciens to make transgenic plants Using the Ti plasmid and Agrobacterium tumefaciens to make transgenic plants
Nephroblastoma. A sectioned kidney reveals the presence of a very large tumor, which arose from feta Nephroblastoma. A sectioned kidney reveals the presence of a very large tumor, which arose from feta
The proboscis monkey demonstrates that large gut size contributes to a lower EQ. The proboscis monkey demonstrates that large gut size contributes to a lower EQ.
Airflow through the large diameter upper intake manifold is distributed to smaller diameter ... Airflow through the large diameter upper intake manifold is distributed to smaller diameter ...
Using the fingertips of one hand, make contact with an area on the back with high fascial ... Using the fingertips of one hand, make contact with an area on the back with high fascial ...
Should Parents Make Their Own Baby Food? Should Parents Make Their Own Baby Food?
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library