Actuarial Notes

Exam DISC-IA Practice Question 434

Study guide: Exam DISC-IA

An HO-3 with Coverage A of $300,000 and Coverage C of $150,000 carries ISO's earthquake endorsement (HO 04 54 10 00) with a 5% deductible and the exterior masonry veneer exclusion in force. An earthquake does $60,000 of damage to the dwelling, of which $10,000 is exterior brick veneer. How much does the insurer pay for the dwelling damage?

  • A) $27,500
  • B) $35,000
  • C) $45,000
  • D) $47,000

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