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Which one (1) of the following conditions affects the amount of settlement of an insured loss? OA) Subrogation Clause. OB) Named Perils Rider. OC) Co-insurance Clause. OD) Subscription policy with four insurers.

Which one (1) of the following conditions affects the amount of settlement of an insured loss? OA) Subrogation Clause. OB) Named Perils Rider. OC) Co-insurance Clause. OD) Subscription policy with four insurers.

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Which one (1) of the following conditions affects the amount of settlement of an insured loss? OA) Subrogation Clause. B) Named Perils Rider. OC) Co-insurance Clause. OD) Subscription policy with four insurers.
Transcribed Image Text:Which one (1) of the following conditions affects the amount of settlement of an insured loss? OA) Subrogation Clause. B) Named Perils Rider. OC) Co-insurance Clause. OD) Subscription policy with four insurers.
Your insured telephones to report his/her parked car was struck by a hit-and-run vehicle and badly damaged. The incident was not witnessed and no details are known of the vehicle or driver causing the damage. What coverage under your insured's automobile policy, O.A.P. 1 Owner's Policy, would be needed for the damage to your insured's car to be covered? OA) Direct Compensation-Property Damage Coverage (Section 6). OB) Specified Perils (Section 7.1.2 A). OC) Collision (Section 7.1.2 C). OD) Uninsured Automobile Coverage (Section 5).
Transcribed Image Text:Your insured telephones to report his/her parked car was struck by a hit-and-run vehicle and badly damaged. The incident was not witnessed and no details are known of the vehicle or driver causing the damage. What coverage under your insured's automobile policy, O.A.P. 1 Owner's Policy, would be needed for the damage to your insured's car to be covered? OA) Direct Compensation-Property Damage Coverage (Section 6). OB) Specified Perils (Section 7.1.2 A). OC) Collision (Section 7.1.2 C). OD) Uninsured Automobile Coverage (Section 5).
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