Principle to Business

posted by Jamye

When Lisa purchased her house, the mortgage lender required her homeowner's insurance to cover 100% of the loan amount. After many years, Lisa paid off her mortgage. If Lisa decided to comparison shop for homeowner's insurance now, what should the insurance coverage amount be based on…
a. the original cost to build the house
b. the appraisal value of the house
c the cost to rebuild the house
d. the original cost to build the house

  1. Ms. Sue

    And your answer is?

  2. Jamye

    the appraisal value of the house

  3. Ms. Sue

    Are you sure it's not the cost to rebuild? What does your text say?

  4. Anonymous

    58

  5. Anonymous

    b

  6. huncho bean

    huncho foreign

  7. tyu

    tu

  8. Anonymous

    800

  9. Kancho

    Bee

  10. yeet

    yeet

  11. ooke

    e

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