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Galina owns a home with a replacement value of $200,000. She insures it for $100,000, and has a policy that requires a minimum of 80%
Galina owns a home with a replacement value of $200,000. She insures it for $100,000, and has a policy that requires a minimum of 80% coverage. If her home were destroyed completely by a fire, how much of a loss would be covered?
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The minimum coverage required is 80 of the replacement value Minimum coverage 80 200000 160000 Sinc...
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
