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1941 39 (3 points) Assume that you built a home for $400,000 in 2010 and purchased a replacement cost policy for that amount. One endorsement

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1941 39 (3 points) Assume that you built a home for $400,000 in 2010 and purchased a replacement cost policy for that amount. One endorsement to the HO-3 policy that is available to you is the Inflation guard endorsement. Explain the impact that this endorsement would have on your policy years later. HTML . ATT: 120 0* 42 39

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