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Your Client Owns a $500,000 HO-5 Policy on Their Home

Question 6

Multiple Choice

Your client owns a $500,000 HO-5 policy on their home. They experienced extensive damage on the unattached garage. Assuming that the couple does not own an endorsement for additional coverage what is the standard limit of coverage on the loss?


A) $50,000
B) $100,000
C) $150,000
D) $250,000
E) $500,000

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