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Nathan s Replacement Cost Coverage Nathan recently purchased a board form HO - 2 policy with no deductible. The policy value is $ 1 5

Nathans Replacement Cost Coverage
Nathan recently purchased a board form HO-2 policy with no deductible. The policy value is $156,000. A year later, his roof is damaged by a windstorm and he suffers a loss of $124,800.
If the replacement value of Nathans house is $260,000 and the insurance policy includes a replacement cost requirement of 80%, he will receive a reimbursement of $
.
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