Replacement-Cost Coverage Is the Reimbursement Of

question 13

Multiple Choice

Replacement-cost coverage is the reimbursement of:

• A) the cost of repairing or replacing damaged structures without deducting for depreciation.
• B) reasonable living expenses while the insured's house is being repaired.
• C) the cost of damages caused by perils other than those mentioned in the policy.
• D) the cost of defending the insured.
• E) the increase in the deductible to reduce the amount of the insurance premium.

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