John has his house insured for 200,000. He sold the house to Ann for 225,000. Three days after the sale is complete the house is desfroyed by fire. John had not cancelled his homeowner's insurance policy, so he decided to file a claim for losses caused by the fire. What will most likely happen?

a. John will collect 200,000 from John's insurer.

b. John will collect 200,000 in insurance payments.

c. John will collect nothing because he has no insurable interest

d. John will collect 200,000 in insurance payments only if Ann has not yet purchased a homeowner's policy of her own.