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Question (92) Which of the following best describes the standard basis for settling building losses under Coverage A: Dwelling of a HO-3 policy? (Ignore any
Question (92)
Which of the following best describes the standard basis for settling building losses under Coverage A: Dwelling of a HO-3 policy? (Ignore any deductibles.) lesser of actual cash value or the cost to repair or replace the damaged property actual cash value greater of replacement cost (after coinsurance) or actual cash value replacement cost (after coinsurance) less depreciation Step by Step Solution
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