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A home insured on an HO3 policy was completely destroyed in a fire. The house was worth $300,000. The limit of the policy is $250,000.

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A home insured on an HO3 policy was completely destroyed in a fire. The house was worth $300,000. The limit of the policy is $250,000. The most the policy will pay for the total loss and debris removal is A. $250.000 B $250.000 plus an additional 5%. C. 0,$300,000. D 0$300,000 minus 5%. If an insured has more than one personal auto policy and is involved in an accident, how would each insurer pay for the damages? A The insurer issuing the newest policy would pay for all losses. B Insurers will pay equal amougts for the loss. Each insurer would pay its share of the loss: D. The insurer issuing the oldest policy would pay for all losses. Time Remaining 013925 An insured has a homeowners policy and requires her to be a memuer of the homeowners association in her neighborhood. The assodation \& community house has burned down, and the insured has been assessed 51,200 for her share of the rebuliding cost. How much of the as 50 siritent will the homeowners policy pay? ABCDNone$500$1,000$1,200

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