What considered strike price of policy if home has value


If your homeowner's insurance premium is $1,000 and your deductible is $2000, what could be considered the strike price of the policy if the home has a value of $120,000?

(a) $117,000

(b) $118,000

(c) $120,000

(d) $122,000

(e) None of the above

Solution Preview :

Prepared by a verified Expert
Finance Basics: What considered strike price of policy if home has value
Reference No:- TGS0679080

Now Priced at $5 (50% Discount)

Recommended (98%)

Rated (4.3/5)