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CMCA- Risk Management Exam 2025 Questions and Answers Actual cash value (ACV) - --Answer Advertising injury - --Answer --The depreciated value of an item. --Provisions in CGL (comprehensive general liability) include language providing coverage to the community association with respect to damages resulting in "misappropriation of advertising ideas or style of doing business" or "infringement of copyright, slogan or title." Agreed amount endorsement - --Answer --Provides for an agreed upon limit of property insurance. Coinsurance - --Answer --A standard element in most property policies that obligates the insured to maintain certain limit of property insurance based on a stated percentage. Common declarations - --Answer --This section of the policy is like the title page of a book. It typically includes such information as the name and address of the insured and the period of coverage. ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1