Question

When Lisa purchased her house, the mortgage lender required her homeowner's insurance to cover 100% of the loan amount. After many years, Lisa paid off her mortgage. If Lisa decided to comparison shop for homeowner's insurance now, what should the insurance coverage amount be based on…
a. the original cost to build the house
b. the appraisal value of the house
c the cost to rebuild the house
d. the original cost to build the house

Answers

Ms. Sue
And your answer is?
Jamye
the appraisal value of the house
Ms. Sue
Are you sure it's not the cost to rebuild? What does your text say?
Anonymous
58
huncho bean
huncho foreign
Anonymous
800
punto hoto fat yeet
love me long time

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