Jacques's Replacement Cost Coverage Jacques recently purchased a $72,000 broad form HO-2 policy with no deductible....

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Jacques's Replacement Cost Coverage Jacques recently purchased a $72,000 broad form HO-2 policy with no deductible. A year later, his roof is damaged by a fire and he suffers a loss of $57,600. If the replacement value of Jacques's house is 120,000 and the insurance policy includes a replacement cost requirement of 80%, he will receive a reimbursement of $ Jacques's Replacement Cost Coverage Jacques recently purchased a $72,000 broad form HO-2 policy with no deductible. A year later, his roof is damaged by a fire and he suffers a loss of $57,600. If the replacement value of Jacques's house is 120,000 and the insurance policy includes a replacement cost requirement of 80%, he will receive a reimbursement of $