Multiple Choice
Andy and Ann live in a home with a replacement value of $164,000 and a market value of $175,000.In most cases,what is the minimum amount of homeowner's coverage they must carry to meet the replacement-cost requirement?
A) $140,000
B) $175,000
C) $164,000
D) $131,200
Correct Answer:
Verified
Correct Answer:
Verified
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