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Home Owner Adjusting- Policy pg 3 with Complete Solutions
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Home Owner Adjusting- Policy pg 3 with Complete Solutions
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Home Owner Adjusting- Policy pg 3 withComplete Solutions
A windstorm blows down 8 trees. 2 of the trees fall on the house. The remains 6 fall in
the yard crushing a picnic table. Our policy holder has to pay the following amounts.
Don't consider a deductible in your calculation.
Remove the 2 trees from house 1500
Repair the house 5000
Haul tree debris to the dump 3000
Replace the trees 2000
Replace the picnic table 500
Remove the 6 trees from the yard 5000
What can we pay him?
A. 17000
B. 7500
C. 8000 - ANSWER-B. 7500
1500 Removal of trees from the house
5000 Repair the house
500 Haul tree debris to the dump
0 Replace the trees
500 Picnic table
0 to remove from the yard
= 7500
An FP-7955 homeowner policy with a $500 deductible is in force. Policy limits for
coverages A & B are adequate, with loss settlement provisions A1 & B2. During a
lightening storm, a tree was struck and fell causing the following property damage.
Item: RCV ACV
Utility Trailer $1800 $1400
Wood Railing on tree $300 $250
Tree $900 $900
Tree removal from deck $200 $200
Tree debris removal $600 $600
All items have been replaced. How much do you owe:
A. $2100
B. $1800
C. $2500
D. $1950
E. $3300 - ANSWER-$1,000 Utility Trailer
$300 Wood Railing on Tree
$500 Tree
$200 Tree removal from Deck
$500 Tree debris removal
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