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Even Though Homeowners Are Eligible for Reimbursement on a Full

Question 32

Multiple Choice

Even though homeowners are eligible for reimbursement on a full replacement-cost basis if they keep their homes insured for at least 80% of the amount that it would cost to build them today, _____ can cause the actual amount of coverage to fall below 80%.


A) the replacement cost
B) inflation
C) the insurance premium
D) deductibles
E) the land value

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