Jennifer and Chad have a homeowner's policy with contents replacement-cost coverage for personal property up to 50 percent of the insurance on their home.What will the insurance company pay for their stolen property under the following situation?

A)$19,500
B)$34,500
C)$35,000
D)$44,500

Question

Jennifer and Chad have a homeowner's policy with contents replacement-cost coverage for personal property up to 50 percent of the insurance on their home.What will the insurance company pay for their stolen property under the following situation?
 ​
A)$19,500 
B)$34,500 
C)$35,000 
D)$44,500

Quizplus · Accepted Answer

The Answer of Jennifer and Chad have a homeowner's policy with contents replacement-cost coverage for personal property up to 50 percent of the insurance on their home.What will the insurance company pay for their stolen property under the following situation?
 ​
A)$19,500 
B)$34,500 
C)$35,000 
D)$44,500

Jennifer and Chad Have a Homeowner's Policy with Contents Replacement-Cost