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An insured has a homeowners policy and requires her to be a member of the
homeowners association in her neighborhood. The association's community
house has burned down, and the insured has been assessed $1,200 for her
share of the rebuilding cost. How much of the assessment will the
homeowners policy pay?
A O None
BO $500
CO $1,000
DO $1,200
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Transcribed Image Text:An insured has a homeowners policy and requires her to be a member of the homeowners association in her neighborhood. The association's community house has burned down, and the insured has been assessed $1,200 for her share of the rebuilding cost. How much of the assessment will the homeowners policy pay? A O None BO $500 CO $1,000 DO $1,200
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