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You own a home with a market value of $400,000. Your home insurance policy has an 80% coinsurance clause. You buy $300.000 of property insurance.

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You own a home with a market value of $400,000. Your home insurance policy has an 80% coinsurance clause. You buy $300.000 of property insurance. A tree falls on your house and you have a $50,000 of damages. How much will the insurance company pay for this claim? (assume no deductible) A. $46,875 B. $50,000 C. 50 D. $37,500

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