Question: Darnell's Replacement Cost Coverage Darnell recently purchased a $90,000 broad form HO-2 policy with no deductible. A year later, his roof is damaged by

Darnell's Replacement Cost Coverage Darnell recently purchased a $90,000 broad form HO-2

Darnell's Replacement Cost Coverage Darnell recently purchased a $90,000 broad form HO-2 policy with no deductible. A year later, his roof is damaged by a fire and he suffers a loss of $72,000. If the replacement value of Darnell's house is 150,000 and the insurance policy includes a replacement cost requirement of 80%, he will receive a reimbursement of $

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