Which of the following would not be covered under Coverage C personal property quizlet?

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Under Section 1 Condition - Loss Settlement, which of the following formulas is used to determine payment to an insured in the event of a loss?

Insurance required, divided by the loss, times the insurance carried, minus the deductible, equals the loss payment.

Insurance carried, divided by the loss, times the insurance required, equals the loss payment.

Insurance carried, divided by the insurance required, times the loss, minus the deductible, equals the loss payment.

Insurance required, divided by the insurance carried, times the loss, minus the deductible, equals the loss payment.

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Which of the following would not be covered under Coverage C?

Coverage C protects all the insured's personal property, except for the following: Motor vehicles and their equipment. Cars have their own insurance policies, so home insurance excludes them. Coverage C usually does, however, insure ordinary home maintenance vehicles like lawnmowers or snowblowers.

Which of the following risks would not be eligible for coverage under a homeowner policy?

Many things that aren't covered under your standard policy typically result from neglect and a failure to properly maintain the property. Termites and insect damage, bird or rodent damage, rust, rot, mold, and general wear and tear are not covered.

Which of the following losses would not be covered by a homeowners policy?

Standard homeowners insurance does NOT cover damage caused by flooding, earthquakes, termites, mold, and more exclusions listed in your policy.

Which of the following is not covered under accounts receivable coverage?

Which of the following is NOT covered under accounts receivable coverage form? Loan principal amounts are not covered under the form. However, other expenses, such as interest on necessary loans, are covered.

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