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7. Reimbursement on property damage Hubert's Replacement Cost Coverage Hubert recently purchased a $75,000 broad form H0-2 policy with no deductible. A year later, his roof is damaged by a fire and he suffers a loss of 362,400 If the replacement value of Hubert's house is 130,000 and the insurance policy includes a replacement cost requirement of 80%, he will receive a reimbursement of Grade It Now Save & Continue Continue without saving