Multiple Choice
Your home insurance provides for replacement value for personal property losses.If your china hutch (ten year depreciation) was vandalized and completely destroyed and cost $400 four years ago,but a new one will cost $600,how much will the insurance company pay?
A) $400
B) $240
C) $600
D) Nothing,vandalism is not covered.
Correct Answer:
Verified
Correct Answer:
Verified
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