Exam DISC-IA Practice Question 804
Study guide: Exam DISC-IA
A retailer leases its store on a three-year lease. Its CGL has a $1,000,000 each occurrence limit and a $100,000 Damage to Premises Rented to You limit. An employee's carelessness starts a fire that does $250,000 of damage to the landlord's building. Later in the year, a pipe the retailer's staff left open floods the store, causing $20,000 of water damage to the building. What does Coverage A pay the landlord in total for the two losses?
- A) $100,000
- B) $120,000
- C) $250,000
- D) $270,000
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