a replacement value renters insurance policy is more expensive than a regular renters insurance policy…

a replacement value renters insurance policy is more expensive than a regular renters insurance policy because it\n○ reimburses todays current value of the property damaged or stolen.\n○ reimburses todays current value of the property without a deductible.\n○ has a higher deductible.\n○ has to be purchased at a bank.

a replacement value renters insurance policy is more expensive than a regular renters insurance policy because it\n○ reimburses todays current value of the property damaged or stolen.\n○ reimburses todays current value of the property without a deductible.\n○ has a higher deductible.\n○ has to be purchased at a bank.

Answer

Brief Explanations:

A replacement - value renters insurance policy pays to replace damaged or stolen property at its current cost to replace, which is more expensive for the insurer and thus more costly for the policyholder compared to a regular renters insurance that may reimburse based on depreciated value.

Answer:

reimburses today's current value of the property damaged or stolen.