What characterizes the definition of stacking in the coverage of liability?
Question Get Answer

23.

What characterizes the definition of stacking in the coverage of liability?a) Coverage under which the insurer will pay on your behalf for all losses up to a

specified limit for any single accident, whether the losses are property-related or bodily injury-related.b) Coverage under which the insurer applies a set of two limits to bodily injury, and an single, aggregate to propertydamage.c) Situation that arises when a single auto policy covers two vehicles, and the court interprets this situation to yield a limit of liability equal to double the amount shown in the policy declarations.d) Coverage for the first payee in a situation where two or more coverages apply.
Background image

Uploaded by: nnnnnnnuhjbhgb

Subject: Accounting, Business

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question