Can a person be over insured?
Can a person be over insured?
Over insurance is a risk to the insurance industry and especially to insurance fraud. The insured who is over insured may be tempted to make a false claim to profit from a loss. Mar 27, 2011
What does 100 replacement cost mean for insurance?
Replacement Cost Coverage When you insure your home to 100% of its replacement cost value, some insurance companies will offer the benefit of extended replacement cost. This provision will pay beyond your policy limit should the amount at the time of loss not be adequate.
Which of the following is something that will not affect your homeowners insurance premium?
Which of the following is something that will not affect your homeowners insurance premium? Answer: A (The distance of the home from a school.)
