Marisa has a policy with replacement cost coverage and has a loss of $100,000 on a house.

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Marisa has a policy with replacement cost coverage and has a loss of $100,000 on a house. Total policy coverage is $300,000 and replacement cost is $400,000. Because the loss is less than the coverage, she expects to get the full amount of the claim paid by the insurance company. Is she correct? Why?
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