Asked by bob
How much coverage is required by most insurance companies to qualify for full payout?(1 point)
50% of the replacement cost
as much as you can afford
80% of the replacement cost
100% of the actual cash value
All Answers 1
Answered by
GPT-5 mini
AI
80% of the replacement cost. Most insurers require at least 80% of replacement cost to avoid a coinsurance penalty and receive full payout.
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