Yogi is applying for insurance for his new home. Which of the following is correct?
Multiple Choice
A) He should use the actual cash value method for settling claims to receive the full cost of repairing or replacing his personal belongings.
B)His insured amount should remain the same as long as he lives in his house.
C) He should insure the building for 75 percent of its replacement cost.
D)His personal belongings should be covered with his home at 125 percent of his home's insured amount.
E)He should base the amount of insurance on the price to rebuild or repair the new home.
