Michelle purchased a Homeowners 3 policy with no special endorsements to cover her home and personal property. A fire occurred and destroyed a wide screen television. Heather paid $4000 for the TV new, and it was 25 percent depreciated when the fire occurred. The replacement cost of a similar television is $5000. Ignoring any deductible, how much will Michelle collect for the loss?
Supreme Court forces TV stations to sell more election ads at steep
discounts
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Republican victory means stations must offer lowest ad prices to political
parties.
4 days ago
