Exam (elaborations)
P+C Idaho Exam Review 2024 Questions (100% Verified with correct answers)
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If I want Replacement Cost coverage on my $200,000 home, I need to purchase how much insurance? a.$60,000 b.$100,000 c.$160,000 d.$200,000 correct answers 80% of $200,000 is $160,000. The HO only provides Replacement Cost coverage on the structures if they are insured to 80% of value. The co...
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