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June owns a home with a replacement value of $200,000. She insures it for $100,000. If June's home was completely destroyed by a fire, how
June owns a home with a replacement value of $200,000. She insures it for $100,000. If June's home was completely destroyed by a fire, how much money would the insurance company pay? Assume June has a policy that requires a minimum of 80% coverage. A) $80,000 B) $160,000 C) $100,000 D) $50,000
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