Some states have a law that requires payment of the face amount of insurance to the insured if a total loss to real property occurs from a peril specified in the law. These laws are called

Insurance

Are you looking for the correct answer to the question “Some states have a law that requires payment of the face amount of insurance to the insured if a total loss to real property occurs from a peril specified in the law. These laws are called”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.

Some states have a law that requires payment of the face amount of insurance to the insured if a total loss to real property occurs from a peril specified in the law. These laws are called

Options

A) agreed amount laws.
B) replacement cost laws.
C) homestead laws.
D) valued policy laws.

Answer: D) valued policy laws.

The above question Some states have a law that requires payment of the face amount of insurance to the insured if a total loss to real property occurs from a peril specified in the law. These laws are called, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.