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Reconstruction cost on your new home is $500,000. You decide to insure it for only what you paid for it - $375,000. 2 years later
Reconstruction cost on your new home is $500,000. You decide to insure it for only what you paid for it - $375,000. 2 years later you have a $150,000 loss. How much will your insurance company pay? O $125,600 O $140,625 $150,000 O $75,000
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