Question 1 (2 points) Testgen questions still do not copy to other applications. More than sixty percent of homeowner's insurance premiums go towards settling claims. True False Question 2 (2 points) Consider the loss from fire damage of furniture which cost $6000 thee years ago and has an expected life of ten years. This furniture would cost $9000 to purchase today. Under a replacement cost policy, how much would the insurance company pay you for this loss? $6000 $4200 $6300 $9000