Each of the following standard limitations under the BOP’s Section I – Property limits of insurance is correct, except:

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Each of the following standard limitations under the BOP’s Section I – Property limits of insurance is correct, except:

a. $1,000 per outdoor sign attached to the building per occurrence

b. The Business Personal Property limit will increase by 25% yearly, subject to the average monthly values of the past year

c. A loss or damage occurrence is limited to the applicable limit of insurance shown in the Declarations

d. The Buildings limit of insurance will automatically increase by 10% each year

Answer: d. The Buildings limit of insurance will automatically increase by 10% each year

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