Open Policies Allow the Insured to Recover The

Open policies allow the insured to recover the:

A) fair market value of the property at the time it was destroyed, up to the limits stated in the policy.
B) difference between the limits stated in the policy and the fair market value of the property.
C) face amount of the policy regardless of the fair market value of the property.
D) fair market value of the property at the time it was purchased.