Answered step by step
Verified Expert Solution
Question
1 Approved Answer
8. Cristina discovers that Johnnie, one of her homeowners insurance clients, has a part-time business repairing outboard motors in the shed behind his house. Johnnies
8. Cristina discovers that Johnnie, one of her homeowners insurance clients, has a part-time business repairing outboard motors in the shed behind his house. Johnnies current homeowners policy has no business-related endorsements. On making this discovery, Cristina should do all of the following EXCEPT (Search Chapter 3) a. advise Johnnie that he might need additional insurance and offer to provide it. b. document Johnnies homeowners file to reflect the existence of this exposure. c. immediately suspend Johnnies homeowners coverage until his policy has been modified with appropriate endorsements. d. notify the insurance company that writes Johnnies policy
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started