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Bamidele insured her house for $300,000 (insured value). It is actually worth $500,000 (actual value). She has no deductible. She has a basement flood with

Bamidele insured her house for $300,000 (insured value). It is actually worth $500,000 (actual value). She has no deductible. She has a basement flood with $40,000 damages . How much will the insurance company pay on this claim?

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