Regarding a supersedeas bond in connection with a homeowners claim, what is the insurer's responsibility under the homeowners policy?

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Multiple Choice

Regarding a supersedeas bond in connection with a homeowners claim, what is the insurer's responsibility under the homeowners policy?

Explanation:
A supersedeas bond is a stay of enforcement on a judgment while an appeal is pursued. If the insurer decides to appeal a ruling on a homeowners claim, it must provide that bond to secure the stay, and the premium for that bond is a defense cost the insurer covers under the policy. This means the insurer pays the bond premium, not the insured, and there’s no provision that doubles the premium.

A supersedeas bond is a stay of enforcement on a judgment while an appeal is pursued. If the insurer decides to appeal a ruling on a homeowners claim, it must provide that bond to secure the stay, and the premium for that bond is a defense cost the insurer covers under the policy. This means the insurer pays the bond premium, not the insured, and there’s no provision that doubles the premium.

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