Question $4($Mandatory$)(2$ points$)$

Gypsy has used the same insurance company for her car insurance for $10$ years. She always gets coverage for $$500,000$ and pays her premium on time. Her insurance policy was just renewed. She kept on paying her same premiums but did not realize that the new policy stated that her coverage was, $"$$$50,000."$ Does Gypsy have coverage for the original amount of $$500,000?$

Yes because the contract is in writing

No because that is not the amount stated in the contract

Yes because an obvious typographical mistake can be corrected

No because Ellen already paid premiums with a different amount listed on the contract