Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

12. Luis and Rosaura Mora contracted with Tower Hill Prime Insurance Company for homeowners insurance on their home. Part of the application included the question

image text in transcribed

image text in transcribed
12. Luis and Rosaura Mora contracted with Tower Hill Prime Insurance Company for homeowners insurance on their home. Part of the application included the question "Do you have any knowledge of any prior repairs made to any structures on the insured location for cracking damage?" The Moras answered "no". However, on the home inspection report the Moras procured as part of the purchase, notations were made regarding "cracks in drywall at ceiling," "nook drywall cracks," and "fix cracks" under three windows. Was the Moras' failure to list these cracks on the application a misrepresentation sufficient to void the homeowner's policy? Why or why not

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strengthening The Rule Of Law In Europe From A Common Concept To Mechanisms Of Implementation

Authors: Werner Schroeder

1st Edition

1509928871, 978-1509928873

More Books

Students also viewed these Law questions

Question

What is a polytomous variable?

Answered: 1 week ago

Question

2. It is the results achieved that are important.

Answered: 1 week ago