You Have Cash Value Coverage for Your Personal Property on Your

question 18

Multiple Choice

You have cash value coverage for your personal property on your homeowner's policy. A camera that cost you $300 eight years ago had a life expectancy of 10 years. The camera was stolen, and a new one will cost only $200. How much will the insurance company pay?

• A) $60
• B) $100
• C) $200
• D) $300

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Definitions:

New Deal

A series of programs, public work projects, and financial reforms and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s, aimed at recovering from the Great Depression.

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A farmer who rents land to cultivate, rather than owning it, often under terms that can include part of the harvest as rent payment.

Popular Front

A broad coalition of different political groups, often including socialists and communists, formed to oppose fascism or promote leftist policies during the 20th century.