Homework Help is Here – Start Your Trial Now!
Business
Economics
The insured contacts his Broker to advise that he has moved. During the conversation, the insured mentions that he recently became a Realtor and uses his vehicle to visit clients. The insured's vehicle is currently rated for pleasure use only. What should the Broker recommend to the insured? OA) Change the use of the vehicle to business use. OB) Keep the use of the vehicle as pleasure. OC) Change the use of the vehicle to commute to work. OD) Convert to a commercial policy. Section II - Liability Coverage of the Homeowners policy provides Voluntary Property Damage coverage in which one (1) of the following situations? OA) The insured's garage is damaged by a neighbour's son who has backed into it with an automobile. OB) A window is deliberately broken by the insured who had locked himself/herself out of the house. OC) Neighbourhood children damage the insured's above-ground pool. D) A neighbour's window is broken by the insured's teenager who is playing baseball in the backyard.

The insured contacts his Broker to advise that he has moved. During the conversation, the insured mentions that he recently became a Realtor and uses his vehicle to visit clients. The insured's vehicle is currently rated for pleasure use only. What should the Broker recommend to the insured? OA) Change the use of the vehicle to business use. OB) Keep the use of the vehicle as pleasure. OC) Change the use of the vehicle to commute to work. OD) Convert to a commercial policy. Section II - Liability Coverage of the Homeowners policy provides Voluntary Property Damage coverage in which one (1) of the following situations? OA) The insured's garage is damaged by a neighbour's son who has backed into it with an automobile. OB) A window is deliberately broken by the insured who had locked himself/herself out of the house. OC) Neighbourhood children damage the insured's above-ground pool. D) A neighbour's window is broken by the insured's teenager who is playing baseball in the backyard.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
See similar textbooks
icon
Related questions
Question

Pls help ASAP

The insured contacts his Broker to advise that he has moved. During the conversation, the insured mentions that he recently became a Realtor and uses his vehicle to visit clients. The insured's vehicle is currently rated for pleasure use only. What should the Broker recommend to the insured? OA) Change the use of the vehicle to business use. OB) Keep the use of the vehicle as pleasure. OC) Change the use of the vehicle to commute to work. OD) Convert to a commercial policy.
Transcribed Image Text:The insured contacts his Broker to advise that he has moved. During the conversation, the insured mentions that he recently became a Realtor and uses his vehicle to visit clients. The insured's vehicle is currently rated for pleasure use only. What should the Broker recommend to the insured? OA) Change the use of the vehicle to business use. OB) Keep the use of the vehicle as pleasure. OC) Change the use of the vehicle to commute to work. OD) Convert to a commercial policy.
Section II - Liability Coverage of the Homeowners policy provides Voluntary Property Damage coverage in which one (1) of the following situations? OA) The insured's garage is damaged by a neighbour's son who has backed into it with an automobile. OB) A window is deliberately broken by the insured who had locked himself/herself out of the house. OC) Neighbourhood children damage the insured's above-ground pool. D) A neighbour's window is broken by the insured's teenager who is playing baseball in the backyard.
Transcribed Image Text:Section II - Liability Coverage of the Homeowners policy provides Voluntary Property Damage coverage in which one (1) of the following situations? OA) The insured's garage is damaged by a neighbour's son who has backed into it with an automobile. OB) A window is deliberately broken by the insured who had locked himself/herself out of the house. OC) Neighbourhood children damage the insured's above-ground pool. D) A neighbour's window is broken by the insured's teenager who is playing baseball in the backyard.
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS