In this chapter we'll review some of the basic features of property insurance, including some of the concepts that apply to property insurance coverages and standard policy provisions.
Walt only
Joanna only
Both Walt and Joanna
First State Bank
Liberalization
Subrogation
Abandonment
Salvage
Assignment
No benefit to bailee
Coinsurance
Other insurance
The Doctor Dances
The Long Game
Rose
World War Three
$26,640
$40,000
$13.280
$60,000
The cause of a direct loss
A type of loss that results from a direct loss
An insignificant property loss
Not a type of property loss
$125,000
$100,000
$80,000
$75,000
Concurrent causation
Fraud
Concurrent coverage
Double indemnity
$400
$3,000
$17,000
$20,000
Attorney-in-fact
Judge
Super-appraiser
Umpire
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Here's an interesting quiz for you.