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Nicole's renters insurance policy has a deductible of $1,000 and a personal property coverage limit of $40,000. Her apartment is burglarized and $6,000 of property

Nicole's renters insurance policy has a deductible of $1,000 and a personal property coverage limit of $40,000. Her apartment is burglarized and $6,000 of property is stolen. How much will Nicole have to pay? $5,000 $6,000 $0 $1,000

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