Some states have a law that requires payment of the face amount of ins

Some states have a law that requires payment of the face amount of insurance to the insured if a total loss to real property occurs from a peril specified in the law. These laws are called

A) agreed amount laws.
B) replacement cost laws.
C) homestead laws.
D) valued policy laws.

 

 

ANSWER

Answer: D

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00