Exam DISC-IA Practice Question 43
Study guide: Exam DISC-IA
A home is insured for $350,000 under a homeowners policy with a $1,000 deductible for all perils and a 3% hurricane deductible. A hurricane causes $40,000 of covered damage. How much of the loss does the homeowner bear?
- A) $1,000
- B) $1,200
- C) $9,500
- D) $10,500
Answer this question and see the worked solution