GA PROPERTY & CASUALTY (27)

When you purchase a(n) ________, you are obtaining an extension to a homeowner's insurance policy that provides coverage for all personal property regardless of where it is located. A) uninsured property addendum B) property addendum C) personal rider D) personal articles floater E) none of the above

Which of the following items would not automatically be covered under an HO-3 form?   the insured’s driveaway, if damaged by falling object The insured’s pedigreed collie valued at $6000 or $7000 A lawnmower in the insured’s garage personal property of the insured’s daughter who is away from college

An insured is purchasing a Building and Personal Property Coverage Form (BPP) to cover her business. She asks the agent to explain how her property will be valued in the event of a loss. Which one of the following statements made by her agent accurately describes how the covered property will be valued in the event of loss?     The insurer is obligated to pay replacement cost regardless of whether or not the property has actually been repaired or replaced.     The insurer is obligated to pay the cost to replace the damaged or destroyed property with new property of like kind and quality without any deduction for depreciation or obsolescence.     Insurers underwrite the coverage carefully because some items that can be difficult to value, such as manuscripts, works of art, antiques, and rare articles, are covered for replacement cost.     If the insured elects to accept an ACV claim settlement, the insured is barred from later requesting payment of replacement cost.

answer with must must explanation , narrations computation for each parts and steps answer in text form no copy from other answer

All of the following are covered under "Coverage D: Loss of Use" of the Homeowners 3 policy EXCEPT a. Additional living expenses if the home cannot be used because of loss from an insured peril. O b. The cost to repair or replace property destroyed by a covered peril. c. Loss of rent if part of the premises rented to a boarder cannot be used. O d. Additional living expenses if the home cannot be used because of the order of civil authority.

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Note:- • Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. • Answer completely. • You will get up vote for sure.

Assume a Homeowners 3 policy insures the dwelling for $600,000. The home has detached structures, personal property and potential loss of use costs, each of which is equal to or greater than the amount covered by the HO-3 policy. The total possible property loss liability (covered amount, ignore deductibles) for this homeowners insurance company is: $600,000 $660,000 $720,000 $900,000 $960,000 $1,140,000

I am having an problem with the attached question. How do I calculate the full depreciation on a house in the question that was bought in 1978 and rented out for 12months? Thanks in advance for your help.   Tymesha

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The general real estate practice term for the standard by which real estate commission disputes are decided is, "Which real estate professional was the 4. of the sale?" The general real estate term for a real estate buyer who offers to purchase a property owner's property on terms otherwise acceptable to the owner/seller, who also has the financial capability to complete the purchase, is a buyer who is 5. and

Which type of risk attitude is exhibited by a property owner who decides to buy property insurance with a higher deductible in order to lower premium costs? a. risk obsessed b. risk seeking c. risk avoiding d. risk optimizing.  Need typed answer only.Please give answer within 45 minutes

Which of the following companies has a disclosure for which FASB ASC 450 applies, but FASB ASC 275 does not? O Comfort House has a loss contingency at the financial statement date, and it is remotely A. possible that the estimate for this contingency will change by a material amount within the next year. B. The Garden Foundation has an asset on which the depreciation will be recalculated due to the life of the assets being extended. C. The Summer Group has equipment that will be written down. D. The Winter Group has an intangible asset that needs to be written down.

And c. Land and d. Factory building journal formal

What are the two major treatments of a superficial loss on a sale and repurchase of identical properties by an individual?   Question 6 options:   a)  Loss deducted and same loss added to income   b)  Loss disallowed and same loss added to ACB of substituted property   c)  Loss decreased in the year and same loss disallowed in the future year   d)  Loss changed to gain and same loss is adjusted to cost of sold property

Please dont provide solution image based thanks

Hi I've attempted to use your method for calculated interest, but it is registered as incorrect as well. I've tried changing the period amounts...same results. Don't know what could be going wrong.

16 Which of the following is exempt from the Illinois Real Estate License Act of 2000?   O 1. executor of an estate 'O 2. farm manager 0 3. real estate referral company © 4. property manager

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

kau.3 answer must be in table format or i will give down vote

How do I create a new fixed asset account with an account type: Fixed Asset, detail type: Machinery & Equipment, name: Equipment and track deprecciation of this asset in QuickBooks? When I go to the Chart of Accounts to create a new account, I get the attached photo. There's no where to check the "track depreciation" check box.

I need help with that question given.

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