1. If a homeowner is considering insuring the home computer used in his or her home office, which of the following losses should be identified and evaluated?

Loss of income sustained because of its loss

All of these.

Extra expenses that may arise because of its loss

The computer it self

2. Victoria has a homeowner's policy with personal property coverage of 50 percent of insurance on her home. What will the insurance company pay for her stolen property under the following situation?
Insured value of house ....................................... $80,000

Deductible ............................................................ $500

Actual cash value of stolen property................. $30,000

Replacement value of stolen property............. $45,000

1. $44,500
2. $ 39,500
3. $ 34,500
4. $45,000

Answer rating: 100% (QA)

1 The computer itself as the insurance covers the loss of the property or the asset Los... View the full answer