Tim and Sue's only home was a total loss in a recent fire. Wisconsin is a valued policy state, meaning the amount of the loss will be the

Tim and Sue's only home was a total loss in a recent fire. Wisconsin is a valued policy state, meaning the amount of the loss will be the



A)

replacement cost

B)

actual cash value

C)

policy limits stated on declarations page of the insuring policy

D)

guaranteed replacement cost



Answer: c

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