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Assume you have a home that would cost $300,000 to replace. You currently have the home insured for $255,000. Last night there was a tornado
Assume you have a home that would cost $300,000 to replace. You currently have the home insured for $255,000. Last night there was a tornado which damaged your home, causing an estimated $15,000 worth of damages. How much will your insurance company pay for repairing the damage to your home? Group of answer choices
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