Which of the following statements about the additional coverage for da

Which of the following statements about the additional coverage for damage to property of others in Section II of the homeowners policy is true?

A) The maximum amount of coverage is $25,000 per occurrence.
B) Payments are made on the basis of the replacement cost of the damaged property.
C) There is coverage for property damage arising out of a business engaged in on a full-time basis by an insured.
D) There is coverage for intentional property damage by any insured who is a teenager.

ANSWER

Answer: B