Property And Casualty Insurance License Practice Test
Property And Casualty Insurance License Claims and Loss Settlement 3
What is a 'reservation of rights' in insurance claims?
Select your answer
A
The insured's right to dispute the claim amount
B
The insurer's notice that it will handle the claim but reserves the right to deny coverage based on a policy issue
C
The insurer's right to increase premiums after a large claim
D
The insured's right to choose their own repair vendor
Hint
