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How much would a homeowner receive with actual cash - value coverage and replacement cost coverage for a 3 - year - old sofa destroyed
How much would a homeowner receive with actual cashvalue coverage and replacement cost coverage for a yearold sofa destroyed by a fire? The sofa would cost $ to replace today, whereas it cost $ years ago, and it has an estimated life of years.
With actual cashvalue coverage, the amount the owner would receive for the sofa would be $Round to the nearest dollar. Its not or
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