Question: 7. Reimbursement on property damage Tim's Replacement Cost Coverage Tim recently purchased a $90,000 broad form HO2 policy with no deductble. A year later, his

7. Reimbursement on property damage Tim's Replacement Cost Coverage Tim recently purchased a $90,000 broad form HO2 policy with no deductble. A year later, his roof is damaged by a fire and he suffers a loss of $72,000. If the replacement value of Tim's house is 150,000 and the insurance policy includes a replacement cost requirement of so\%, he will receive a reimbursement of Continue without saving

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