Question: John has a house valued at $ 1 5 0 , 0 0 0 . He insured his house for only $ 1 0 0

John has a house valued at $150,000. He insured his house for only $100,000 to save money on his premiums. Where will he find in his policy
how this will affect his ability to collect on a claim?
Loss Payable clause
Cause of Loss clause
Co-insurance clause
Standard Mortgage clause
John has a house valued at $150,000. He insured his house

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