How much will Tom and Martha's insurer pay for the theft of items while they were on vacation?

Prepare for the Florida 2-20 Insurance Agent License Exam. Leverage flashcards and multiple-choice questions with detailed explanations. Be exam-ready with confidence!

The insurer will pay $1,700 for the theft of items that Tom and Martha experienced while on vacation, which indicates that their policy provides coverage for personal belongings even when they are away from their primary residence. Typically, a homeowner's or renter's insurance policy includes coverage for personal property in a variety of situations, including theft that occurs off the premises.

The value of the items stolen, in this case, totaling $1,700, falls within the coverage limits set by their insurance policy. It's essential for policyholders to familiarize themselves with their coverage details, including any limits or exclusions for personal property when it is located away from home. Understanding these conditions is crucial to ensuring that they are adequately protected for various scenarios, including traveling.

It's likely that other answers suggest amounts that are either too low to represent the actual loss or indicate that no coverage exists, which does not align with standard policy provisions for personal property theft outside the home.

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