Question
Which one of the following statements about the desirability of blanket insurance coverage relative to specific insurance coverage is most accurate? Available answer options Select
Which one of the following statements about the desirability of blanket insurance coverage relative to specific insurance coverage is most accurate? Available answer options Select only one option A Blanket insurance is the preferred method to provide property insurance because it reduces the risk of underinsurance. B Blanket insurance is generally cheaper to purchase because the limits of coverage are lower. C Most underwriters prefer blanket insurance coverage because it is easier to underwrite the multiple locations on a single policy form. D For the purchaser, blanket insurance coverage is preferable because the coinsurance requirements are much lower for blanket insurance.
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