Replacement-cost coverage is the reimbursement of:
A. the cost of repairing or replacing damaged structures without deducting depreciation.
B. reasonable living expenses while the insured’s house is being repaired.
C. the cost of damages caused by perils other than those mentioned in the policy.
D. the cost of defending the insured.
E. the increase in the deductible to reduce the amount of the insurance premium.
Answer: A
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