Documents
Memberships
Study materials
Categories
wonderlic tests
EXAM REVIEW
NCCCO Examination
Summary
Class notes
QUESTIONS & ANSWERS
NCLEX EXAM
Exam (elaborations)
Study guide
Latest nclex materials
HESI EXAMS
EXAMS AND CERTIFICATIONS
HESI ENTRANCE EXAM
ATI EXAM
Gizmos
PORTAGE LEARNING
Ihuman Case Study
LETRS
NURS EXAM
NSG Exam
Testbanks
Vsim
Latest WGU
AQA PAPERS AND MARK SCHEME
DMV
WGU EXAM
exam bundles
Study Material
Study Notes
Test Prep
Login
Register
Documents
Memberships
Study materials
Categories
wonderlic tests
EXAM REVIEW
NCCCO Examination
Summary
Class notes
QUESTIONS & ANSWERS
NCLEX EXAM
Exam (elaborations)
Study guide
Latest nclex materials
HESI EXAMS
EXAMS AND CERTIFICATIONS
HESI ENTRANCE EXAM
ATI EXAM
Gizmos
PORTAGE LEARNING
Ihuman Case Study
LETRS
NURS EXAM
NSG Exam
Testbanks
Vsim
Latest WGU
AQA PAPERS AND MARK SCHEME
DMV
WGU EXAM
exam bundles
Study Material
Study Notes
Test Prep
Login
Register
State Farm Property Exam Questions And Answers
Helpsheet
×
Helpsheet
×
Report question problem
×
I think the answer is wrong
There are multiple correct answers
There is a typing error
Image or comprehension text is not display properly
Something else(please specify below)
Any more information
Question Number 21
If a property is covered by comp a for 20k and comp b covers the same property for 40k, how much will comp a pay on a 24k loss?
8000 pro rata liability applies each policy pays a percentage of the loss based on the percentage of coverage that policy provides. comp a carries 1/3 of the total coverage (20k + 40k = 60k)Therefore 1/3 of the 24k loss is 8,000
✔ Correct Answer:
8000 pro rata liability applies each policy pays a percentage of the loss based on the percentage of coverage that policy provides. comp a carries 1/3 of the total coverage (20k + 40k = 60k)Therefore 1/3 of the 24k loss is 8,000
Count Down:
Related questions :
Modal title
×
...
.png){kind=logo}
.png)