If a basic dwelling policy suffers damage due to an explosion resulting in$5,000 in damage, a resulting fire causing $10,000 in damage and water used to put out the fire, causing $1,000 in damage, how much will the policy pay?

Insurance

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If a basic dwelling policy suffers damage due to an explosion resulting in$5,000 in damage, a resulting fire causing $10,000 in damage and water used to put out the fire, causing $1,000 in damage, how much will the policy pay?

a. 0

b. $1,000

c. $15,000

d. $16,000

Answer: d

The above question If a basic dwelling policy suffers damage due to an explosion resulting in$5,000 in damage, a resulting fire causing $10,000 in damage and water used to put out the fire, causing $1,000 in damage, how much will the policy pay?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.