Multiple Choice
Lisa and Eric were notified that replacement cost coverage is in effect on a home owner's policy only if the home is insured for at least 80% of its replacement cost.This provision is known as the
A) Replacement Cost Rule.
B) 80 Percent Rule.
C) Replacement Cost Provision.
D) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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