Exam (elaborations)
Florida 4-40 Customer Representative (CIR) License Questions with 100% Correct Answers
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Jesse's home is worth $200,000 and he has a homeowners policy with a $160,000 limit. After a covered loss, Jesse is left with a total of $10,000 in damages. Assuming the insurer requires the standard 80% level of insurance for coinsurance purposes, and ignoring any deductibles, how much will Jesse ...
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