Ellen believes the value of the loss to her home is $30,000. The insurer has offered $18,000 to settle the loss
If Ellen and the insurer cannot agree on the value of the loss, which homeowners policy provision specifies how this dispute will be settled?
A) insurer's option
B) appraisal clause
C) loss payment clause
D) mortgage clause
Answer: B
You might also like to view...
The skills inventory data maintains data concerning an organization's short-term and long-term staffing requirements
Indicate whether the statement is true or false
Porter's Five Forces Model outlines the process for a sales strategy.
Answer the following statement true (T) or false (F)
The first step in the strategic brand management process is ________
A) measuring consumer brand loyalty B) identifying and establishing brand positioning C) planning and implementing brand marketing D) measuring and interpreting brand performance E) growing and sustaining brand value
Edvard works at a ski shop. He has just gotten a shipment of new snowboards and realizes that the company has priced its snowboards higher than the rest of the boards in his shop. Since Edvard took a marketing class in college, he knows that the company is most likely using ________.
A. product line pricing B. captive pricing C. price bundling D. reference pricing E. prestige pricing