Question: Sanders owned a stamp collection on which she had a valued insurance policy for $ 1,500. The entire collection was stolen. The insurance company offered

Sanders owned a stamp collection on which she had a valued insurance policy for $ 1,500. The entire collection was stolen. The insurance company offered to pay Sanders $ 1,000, claiming that was the value of the collection at the time it was stolen. Must Sanders settle for $ 1,000?

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