Homeowners Insurance The Reddings have an HO$-3$ policy with a $$140,000$ dwelling coverage limit and liability coverage of $$100,000$ endorsed to provide loss settlement on a replacement cost basis for personal property. Dwelling coverage is provided on an open peril basis and per$-$sonal property coverage is provided on a named peril basis. The deductible is $$500$ with an annual premium of $$750.$ The last appraisal was for $$149,000$The Reddings$$ homeowners policy has an $80\%$ coinsurance requirement which provides for reduced loss settlement if they have insufficient homeowners coverage. Assume the replacement cost of the Reddings$$ house is estimated by the insurance company to be $$141,083.$ What is the minimum amount of coverage should they purchase on the home for Coverage A$-$Dwelling to avoid coinsurance issues?