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keyone keyone
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6 years ago
Mr. Green's 24-year old son still lives at home while attending college part-time. The son also has an apartment near his college campus. His stereo is stolen from the apartment. The stereo has a $1,400 replacement cost, and an actual cash value of $900. If there is a $100 deductible on Section I, how much will the HO-3 contract pay for the stolen stereo?
A) $800
B) $900
C) $0, because the son is not covered by the contract
D) $1,400
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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jameeljameel
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Posts: 458
6 years ago
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keyone Author
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6 years ago
Thanks for your help!!
dri
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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