3. which of the following personal property items has the highest specific limitation on coverage?\n a. a…

3. which of the following personal property items has the highest specific limitation on coverage?\n a. a prized coin collection\n b. jewelry, watches, and precious stones or metals\n c. a canoe youre storing at the rental property\n d. an antique rug\n\n4. which of the following rain - related losses would be covered under this renters insurance policy?\n a. your laptop is ruined because you left your window open during a moderate rain shower\n b. your mattress is ruined because part of the apartments roof blew off during a major rainstorm, creating a stream of water landing directly on your bed\n c. your carpet is ruined because your roommate negligently left her wet boots, umbrella, and raincoat sitting in a pile on the rug all afternoon\n d. you lose a days wages because a horrible rainstorm makes it impossible to get to your job

3. which of the following personal property items has the highest specific limitation on coverage?\n a. a prized coin collection\n b. jewelry, watches, and precious stones or metals\n c. a canoe youre storing at the rental property\n d. an antique rug\n\n4. which of the following rain - related losses would be covered under this renters insurance policy?\n a. your laptop is ruined because you left your window open during a moderate rain shower\n b. your mattress is ruined because part of the apartments roof blew off during a major rainstorm, creating a stream of water landing directly on your bed\n c. your carpet is ruined because your roommate negligently left her wet boots, umbrella, and raincoat sitting in a pile on the rug all afternoon\n d. you lose a days wages because a horrible rainstorm makes it impossible to get to your job

Answer

Brief Explanations:

For question 3, jewelry, watches, and precious stones or metals often have higher specific limitations on coverage in insurance policies compared to the other items due to their high - value nature. For question 4, renters insurance typically covers losses due to perils outside of the renter's control. In option b, the roof blowing off during a major rainstorm is an external peril and would likely be covered. Option a is due to the renter's negligence, option c is due to a roommate's negligence, and option d is a loss of income which is not typically covered under renters insurance for rain - related events.

Answer:

  1. b. Jewelry, watches, and precious stones or metals
  2. b. Your mattress is ruined because part of the apartment's roof blew off during a major rainstorm, creating a stream of water landing directly on your bed