Final answer:
Among the options provided for homeowners policy coverage, volcanic eruptions within a 72-hour period are typically considered as one occurrence, meaning only one deductible is required for damages incurred during that time frame.
Step-by-step explanation:
The insured with a homeowners policy has had damage to their property caused by a volcano. Among the given options, D. All volcanic eruptions within a 72-hour period will be considered one occurrence is typically true in homeowners policies. This means that if multiple volcanic eruptions cause damage to the insured's property within a 72-hour time frame, they will be treated as a single event for insurance purposes, requiring only one deductible to be paid.
Insurance coverage for volcanic eruptions is an important consideration for those living near volcanically active areas. Policies often have specific guidelines about what constitutes an occurrence and the associated deductibles. Understanding these provisions allows homeowners to comprehensively manage the risks of volcanic events and related damages.
The Question is incomplete. The complete question is
The insured with a homeowners policy has had damage to his property caused by a volcano. Which of the following is true?
A. None of the damage is covered.
B. All eruptions are considered separate occurrences no matter how close together.
C. Coverage for each volcanic eruption would require a separate deductible.
D. All volcanic eruptions within a 72-hour period will be considered one occurrence.