You Have an HO Policy with the Following Limits: a =

Multiple Choice

You have an HO policy with the following limits: A = $50,000 (dwelling)
B = $5,000 (other structures)
C = $25,000 (personal property) .
A tornado strikes your property. You lose your house, which is worth $40,000 at the time of the loss. You also lose an unattached shed worth $8,000, and personal property worth $30,000. You will collect:

A) $78,000
B) $70,000
C) $58,000
D) none of the above