in what circumstance would a property insurance claim be rejected? the insurance company finds that a…
in what circumstance would a property insurance claim be rejected? the insurance company finds that a homeowner intentionally caused damage. the property damage is caused by a natural disaster, such as a flood. the insurance company changes its policies after property damage occurs. the property damage is extensive and requires lengthy and expensive repairs.
Answer
Brief Explanations:
Insurance policies generally don't cover intentional damage by policy - holders as it goes against the principle of insuring against unforeseen and accidental losses. Natural disasters are often covered (depending on the policy), policy changes after damage don't usually void a valid claim, and extensive damage doesn't automatically lead to a rejection.
Answer:
The insurance company finds that a homeowner intentionally caused damage.