Joey's house and property has a market value of $550,000.According to the coinsurance provision,
He must be insured for
A)$550,000.
B)$500,000.
C)$425,000.
D)$440,000.

Question

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The Answer of Joey's house and property has a market value of $550,000.According to the coinsurance provision,
He must be insured for
A)$550,000.
B)$500,000.
C)$425,000.
D)$440,000.

Joey's House and Property Has a Market Value of $550,000