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9. Your policyholder has an HO-B Homeowners policy. His Coverage A limit of liability is $400,000. His Coverage B limit of liability is $100,000. He

9. Your policyholder has an HO-B Homeowners policy. His Coverage A limit of liability is $400,000. His Coverage B limit of liability is $100,000. He has a 1% deductible. How much will his deductible be for a Hail damage claim on his structure

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