Section 5 - Quiz Question

Section 5 - Quiz Question

by Rachel Elwood -
Number of replies: 1
Section 5 Quiz:
 
Under the Garagekeepers coverage, Section III of the Garage policy, the insured suffers a single vandalism loss to nine (9) vehicles belonging to customers. Damage is $100 per vehicle. How much will the policy pay?
Select one:
A. $900
B. $500 Incorrect
C. $400
D. Nothing
 
The answer is C. $400
 
Can someone explain to me how this is the answer, I thought there was a $100 per car limit with a max of $500.
In reply to Rachel Elwood

Re: Section 5 - Quiz Question

by Jan Bradburn- -

Hi Rachel,

The question is asking how much the policy will pay.  There is a $900 claim with a $500 deductible, so the policy will pay $400.  I think you just read the question wrong because the information you stated is correct. :)  

Jan