GA Property & casualty Insurance Exam Pack | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Replacement cost : the full cost to repair damage property or replace damaged property, with property of like kind and quality, at current pricing , without deduction for depreciation Market Value : the price a willing buyer would pay for property purchased from a willing seller under fair ma...
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Add to cartReplacement cost : the full cost to repair damage property or replace damaged property, with property of like kind and quality, at current pricing , without deduction for depreciation Market Value : the price a willing buyer would pay for property purchased from a willing seller under fair ma...
Which of the following correctly describes a principal difference between a dwelling policy and a homeowners policy? A.) A dwelling policy only covers the dwelling, other structures, personal property, fair rental value, and additional living expenses. It does not cover liability. B.) Both pol...
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Add to cartWhich of the following correctly describes a principal difference between a dwelling policy and a homeowners policy? A.) A dwelling policy only covers the dwelling, other structures, personal property, fair rental value, and additional living expenses. It does not cover liability. B.) Both pol...
BPP building coverage : insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at...
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Add to cartBPP building coverage : insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at...
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