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Question 1 4 pts Watch Homeowners insurance 101 for the next several questions. Most home insurance policies cover jewelry for $1,000 and silverware for $2,500
Question 1 4 pts Watch Homeowners insurance 101 for the next several questions. Most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If $3,800 worth of jewelry and $2,800 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance? O $2,900 $3,000 $3,100 $3,200 O $3,300 Question 2 4 pts Actual cash value and replacement value methods. Watch the video Homeowner insurance cost. What amount would a person with actual cash value (ACV) coverage receive for two-year-old furniture destroyed by a fire? The furniture would cost $1,000 to replace today and had an estimated life of five years. O $600 $400 $1,000 $1,200
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