Question: 35. Frieda purchased flood coverage under a general property form for the commercial building she has owned for the past 5 years. What valuation provision

35. Frieda purchased flood coverage under a general property form for the commercial building she has owned for the past 5 years. What valuation provision applies to the building coverage on her policy? a. Actual cash value (ACV) ob. None if she is under water on her mortgage OC. Replacement cost value Od. Functional replacement cost value
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
