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5 The insurance company has a number of options for settling a collision loss to a covered auto under the Personal Auto policy. Which of

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5 The insurance company has a number of options for settling a collision loss to a covered auto under the Personal Auto policy. Which of the following statements are included in those options? 1 The company may pay the loss in money. II The company may repair or replace the damaged auto. I only is correct II only is correct both I and II are correct neither I nor II are correct

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