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1- Which of the following personal property items has the HIGHEST specific limitation on coverage? Group of answer choices A prized coin collection Jewelry, watches,

1- Which of the following personal property items has the HIGHEST specific limitation on coverage?

Group of answer choices

A prized coin collection

Jewelry, watches, and precious stones or metals

A canoe youre storing at the rental property

An antique rug

2-

The insured person must prepare a report, outlining full details of the loss including all items destroyed, damaged, or stolen and their actual cash value, within...

Group of answer choices

24 hours

1 week

60 days

180 days

Question 3

What happens if the insured tenant and the insurance company fail to agree on the amount of loss?

Group of answer choices

Either the tenant or the company can request an appraisal, so that an impartial third party determines the amount of loss

The insurance policy becomes null and void

The insurance company is forced to pay the current online market price for the item

The landlord or owner of the building must make up the difference in the disputed value

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