Question

When an industrial fire insurance policy is written in Mississippi, the maximum limit of coverage that may be written for any one dwelling

A) $40,000
B) $30,000
C) $20,000
D) $10,000

Answer 1

The maximum limit of coverage for any one dwelling in an industrial fire insurance policy in Mississippi is $20,000.

Step-by-step explanation:

In Mississippi, the maximum limit of coverage that may be written for any one dwelling in an industrial fire insurance policy is $20,000.