Question
If the owners of a building insured under a Commercial General Liability policy purchase another building in the same risk class, how soon will coverage
If the owners of a building insured under a Commercial General Liability policy purchase another building in the same risk class, how soon will coverage on the second building go into affect?
a. immediately after closing the purchase of the second building
b. when the owners notify their insurance producer of the purchase
c. when the owners notify their insurance company of the purchase
d. when the owners pay the required additional premium
Step by Step Solution
3.46 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
Page No Date Anburer rwill beld whern dche iumara ...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 StartedRecommended Textbook for
Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
Students also viewed these General Management questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App