NH Public Adjuster Practice Questions - New Hampshire Public Adjuster Exam

What does the term 'loss of use' refer to in a property insurance policy?

The inability to use the insurance policy after cancellation The loss of income or additional expenses incurred when the insured property cannot be used due to a covered loss The depreciation of the property value The expiration of the policy term

Correct Answer:

The loss of income or additional expenses incurred when the insured property cannot be used due to a covered loss

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