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    Exam 10: Property and Liability Insurance
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    Joey's House and Property Has a Market Value of $550,000
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Joey's House and Property Has a Market Value of $550,000

Question 24

Question 24

Multiple Choice

Joey's house and property has a market value of $550,000.According to the coinsurance provision,
He must be insured for


A) $550,000.
B) $500,000.
C) $425,000.
D) $440,000.

Correct Answer:

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