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For full replacement cost settlement on a partial loss to the dwelling under a PA HO-3, what insurance-to-value condition typically must be met at the time of loss?

Q: For full replacement cost settlement on a partial loss to the dwelling under a PA HO-3, what insurance-to-value condition typically must be met at the time of loss?

Coverage A at least 80% of replacement cost — The PA HO-3 requires the dwelling to be insured to at least 80% of full replacement cost at the time of loss for partial losses to be paid on a replacement-cost basis without proportional penalty.

Coverage A at least 80% of replacement cost

BCoverage A at least 50% of replacement cost

CCoverage A at least 100% of replacement cost

DCoverage A at least 125% of replacement cost

Why this is the answer

The PA HO-3 requires the dwelling to be insured to at least 80% of full replacement cost at the time of loss for partial losses to be paid on a replacement-cost basis without proportional penalty.

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