Cheyenne Has a Home Insured for $300,000

question 36

Multiple Choice

Cheyenne has a home insured for $300,000. It would cost $320,000 to rebuild her home. If she has home insurance that provides personal property coverage at 70% of value, how much of her household belongings would be covered?

• A) $120,000
• B) $210,000
• C) $224,000
• D) $300,000
• E) $320,000