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Title: Jerome insured his home for $120,000. He purchased it for $125,000 and the recent fair market value ...
Post by: vlademirsimon on Sep 4, 2023
Jerome insured his home for $120,000. He purchased it for $125,000 and the recent fair market value is $110,000. He recently had a kitchen fire that extended its damage to the foundation. It looks like his home is beyond repair. What is the most he can recover from his insurance policy?

▸ $120,000

▸ $115,000

▸ $110,000

▸ $125,000


Title: Re: Jerome insured his home for $120,000. He purchased it for $125,000 and the recent fair market value ...
Post by: blf1210 on Sep 4, 2023
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