Exam DISC-IA Practice Question 630
Study guide: Exam DISC-IA
A shop is insured under the BPP with the causes of loss special form, ample building and business personal property limits, 80% coinsurance (met) and a $1,000 deductible. A windstorm tears off part of the roof ($40,000). Rain pours through the opening and ruins $25,000 of stock. The wind also blows over $1,500 of ornamental trees, and rain soaks $2,000 of cash in the register. How much does the insurer pay?
- A) $39,000
- B) $64,000
- C) $65,500
- D) $66,000
Answer this question and see the worked solution
Concepts tested
- Coverage Analysis
- BPP Covered Property
- Causes of Loss Special Form
- BPP Additional Coverages and Coverage Extensions