Which of the following statements about the Homeowners 3 policy is (ar
Which of the following statements about the Homeowners 3 policy is (are) true? I. Losses to the dwelling are always settled on an actual cash value basis. II. Coverage on personal property is limited to $5,000.
A) I only
B) II only
C) both I and II
D) neither I nor II
ANSWER
Answer: D
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