North Carolina Adjuster Practice Exam

How much will Marcel receive for the claim on his home after the ice storm?

1. $15,000

2. $19,200

3. $22,000

4. $27,200

The correct answer is: $19,200

In this scenario, the amount Marcel will receive for the claim on his home after the ice storm can be determined by considering various factors involved in insurance claims, including the extent of the damage, the type of coverage he has, and any applicable deductibles. If the chosen answer is $19,200, it likely reflects a specific calculation that takes into account the total cost of repairs minus any deductibles or adjustments based on policy limits. In many cases, insurance companies assess the damage, estimate repair costs, and then determine the compensation based on what is covered under the policy. Factors that could lead to this amount might include comprehensive assessments of the damages, the estimated costs of labor and materials to restore the home, and how these costs align with his existing coverage limits. Given these considerations, $19,200 appears to be the calculated figure justifying the payout to Marcel based on the impact of the ice storm on his property. Understanding the guidelines and provisions of Marcel's home insurance policy would be crucial for confirming this figure.