Podcast
Questions and Answers
Average Clause deals with total loss and overinsurance.
Average Clause deals with total loss and overinsurance.
False
Average Clause only applies to property insurance.
Average Clause only applies to property insurance.
False
Under the Average Clause, the amount recoverable is proportional to the degree of underinsurance.
Under the Average Clause, the amount recoverable is proportional to the degree of underinsurance.
True
