General Allied Company obtains insurance policies with Hy-Rate Insurance, Inc., and Ideal InsurCo against the risk of loss of General's office building in a fire. Each policy includes a multiple insurance clause. A fire partially destroys the building. General can collect from Hy-Rate

A. all of the loss.
B. half of the loss.
C. its proportionate share of the loss to the total amount of insurance.
D. none of the loss.


Answer: C

Business

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