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You have an HO policy with the following limits: A=$75,000(dwelling)B=$7,500(otherstructures)C=$25,000(personalproperty). A tornado strikes your property. You lose your house, which is worth $65,000 at the

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You have an HO policy with the following limits: A=$75,000(dwelling)B=$7,500(otherstructures)C=$25,000(personalproperty). A tornado strikes your property. You lose your house, which is worth $65,000 at the time of the loss. You also lose an unattached shed worth $8,000, and personal property worth $30,000. You will collect? (assume $0 deductible, ignore the ACV calculation and assume there is no fraud or other unusual circumstances surrounding the loss.) A. $107,500 B. $97,500 c. $103,000

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