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your insurance policy's coinsurance clause requires you to insure for at least 80% ($800,000) of the replacement cost ($1 million) of your building. However, you
your insurance policy's coinsurance clause requires you to insure for at least 80% ($800,000) of the replacement cost ($1 million) of your building. However, you want a lower premium so you insure for only $600,000. Fire damage t your building totals $250,000. As a co-insurer, what is your out-of A.350,000 B.125,000 C.550,000
pocket liability after the insurance company pays their share
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