Question: 7. Reimbursement on property damage Edison's Replacement Cost Coverage Edison recently purchased a $156,000 broad form H0-2 policy with no deductible. A year later, his

7. Reimbursement on property damage Edison's Replacement Cost Coverage Edison recently purchased a $156,000 broad form H0-2 policy with no deductible. A year later, his roof is damaged by a windstorm and he suffers a loss of $124,800 If the replacement value of Edison's house is 260,000 and the insurance policy includes a replacement cost requirement of 80%, he will receive a reimbursement of $ Grade It Now Save & Contin Continue without saving

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