question archive When considering property insurance, it is a good idea to insure your assets for __________________ because _____________________

When considering property insurance, it is a good idea to insure your assets for __________________ because _____________________

Subject:EconomicsPrice: Bought3

When considering property insurance, it is a good idea to insure your assets for __________________ because _____________________.

 

 

A) actual cash value, it pays whatever you ask for to replace or rebuild your losses

 

B) actual cash value, it does not include the value of depreciation in the equation of how much you should be paid for your losses

 

C) replacement value, the cost of the insurance will be cheaper

 

D) replacement value, it pays for what it costs today to replace or rebuild your losses

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