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How much can lucy collect under her ho-3 policy

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Lucy owns a house on which she carries a $100,000 HO-3 policy. The replacement cost of the house is $200,000. A fire loss occurs that has a replacement cost of $7,531. Her deductible on the policy is $1,000. How much can Lucy collect under her HO-3 policy?

Reference no: EM133114670

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