Question
Which one of the following statements is true regarding the valuation conditions of the ISO Builders Risk Coverage Form? Available answer options Select only one
Which one of the following statements is true regarding the valuation conditions of the ISO Builders Risk Coverage Form? Available answer options Select only one option A The valuation condition provides coverage on a replacement cost basis. B The Agreed Value optional coverage provides the easiest method for insureds to avoid a coinsurance penalty. C An 80 percent coinsurance clause applies. D The amount of insurance at the policy inception should be equal to the building's full completed value.
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