Ann and andy live in a 2000 square foot home with a market


Ann and Andy live in a 2000 square foot home with a market value of $120,000. The construction costs for similar homes in their area are $80 per square foot. What is the minimum amount of homeowners insurance they should buy so as not to be negatively impacted by the coinsurance clause?

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Financial Management: Ann and andy live in a 2000 square foot home with a market
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