Choosing Coverage: How Much Do You Really Need?

Activity (Answer Key)

$10,000 is the gap between Devon's $30,000 replacement value and his $20,000 coverage limit, and raising that limit drops his total out-of-pocket cost from $10,500 to $500, while Renata's higher $25,000 limit floors her gap at zero.

Choosing Coverage: How Much Do You Really Need? cover

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