13 of 90 Which one (1) of the following is a possible affect of a "Co- insurance Clause" on the settlement of a loss? It may increase the amount to be paid by the insurer. It may affect the third party in a liability claim. It may decrease the amount to be paid by the insurer. It may affect the insured's personal liability coverages.

icon
Related questions
Question

Pls help ASAP

13 of 90 Which one (1) of the following is a possible affect of a "Co-
insurance Clause" on the settlement of a loss?
It may increase the amount to be paid by the insurer.
It may affect the third party in a liability claim.
It may decrease the amount to be paid by the insurer.
It may affect the insured's personal liability coverages.
Transcribed Image Text:13 of 90 Which one (1) of the following is a possible affect of a "Co- insurance Clause" on the settlement of a loss? It may increase the amount to be paid by the insurer. It may affect the third party in a liability claim. It may decrease the amount to be paid by the insurer. It may affect the insured's personal liability coverages.
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer