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Homeowners Are Eligible for Reimbursement on a Full Replacement-Cost Basis

Question 48

Multiple Choice

Homeowners are eligible for reimbursement on a full replacement-cost basis only if they keep their homes insured for at least __________ of the amount that it would cost to build them today. ​


A) 80 percent
B) 20 percent
C) 100 percent
D) 50 percent

Correct Answer:

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