your bike is stolen from outside your apartment. which of the following is covered by your property…
your bike is stolen from outside your apartment. which of the following is covered by your property insurance? choose 1 answer: a the cost of a rental bike b the cost of a new bike c the cost of a bike lock
Answer
Brief Explanations:
Property insurance typically covers the replacement cost of stolen personal property. A new bike is the main item that was stolen, so it is likely to be covered. A rental - bike cost is not the replacement of the stolen property and a bike lock is a minor accessory compared to the bike itself.
Answer:
B. the cost of a new bike