Why is it important to insure your dwelling for at least 80 percent of its replacement cost?

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Why is it important to insure your dwelling for at least 80 percent of its replacement cost? How does the coinsurance clause operate?

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Personal Finance An Integrated Planning Approach

ISBN: 978-0136063032

8th edition

Authors: Ralph R Frasca

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Question Posted: Mar 19, 2015 10:45 AM

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Why is it important to insure your dwelling for at least 80 percent of its replacement cost?

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The coinsurance clause requires the homeowner to provide coinsurance when the ...View the full answer

Personal Finance An Integrated Planning Approach

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