You have an HO policy with the following limits:
A=$50,000 (dwelling) B=$5,000 (other structures) C=$25,000 (personal property) .
A tornado strikes your property. You lose your house,which is worth $40,000 at the time of the loss. You also lose an unattached shed worth $8,000,and personal property worth $30,000.You will collect:
A) $78,000
B) $70,000
C) $58,000
D) None of the above
Correct Answer:
Verified
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