Tara Guest owns a home in Edmond, Oklahoma. She is worried about a tornado causing damage to her home. The tornado is an example of a: A: peril. B: hazard. C: risk. D: premium. E: liability.

According to , the insured may not collect more than the actual loss in the event of damage caused by an insured peril. ( ). A: Principle of Subrogation B: Principle of Insurable Interest C: Principle of Utmost Good Faith D: Principle of Indemnity