Mary's house is burglarized and $30,000 in jewelry is stolen. What is the maximum amount her unendorsed
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Question:
Mary's house is burglarized and $30,000 in jewelry is stolen. What is the maximum amount her unendorsed HO-3 policy will pay for this loss?
A) $0
B) $1,500
C) $30,000
D) $24,000 (80% of the loss)
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