Q
Quibank
All tests
Podcast
中
EN
ES
Question 1 of 55
← Back
A homeowner sells her house and the deed transfers on June 1, but she leaves her homeowners policy in force. The house is destroyed by fire on July 10. Why is the property loss not payable to her?
A
Insurable interest is required only when the policy is issued, so the loss is in fact payable
B
Subrogation transferred her rights in the property to the insurer at the closing
C
The contract became void the instant the deed transferred, because insurance is aleatory
D
She no longer had an insurable interest in the dwelling at the time of the loss