What was the cost of the coffee table that the dog damaged?

Study for the Insurance Dwelling Policy Test with detailed explanations and multiple choice questions. Prepare thoroughly with mock tests and insights. Maximize your chance to excel in your exam!

The cost of the coffee table that the dog damaged being $100 is consistent with typical values one might expect for furniture, particularly coffee tables. This amount suggests that it is a mid-range price, which aligns with consumer habits where many people choose furniture that balances quality and affordability.

In the context of dwelling insurance policies, understanding the value of personal property like furniture is essential. When a claim is filed due to damage caused by pets or other incidents, having an accurate valuation of possessions helps in ensuring proper compensation.

Choosing $100 as the value reflects a reasonable estimate for a standard coffee table, likely considering both functionality and aesthetics, without venturing into extremely high-end prices or overly inexpensive options, which may not accurately represent the typical market. This price point also indicates an understanding of damage coverage under dwelling policies, where policies often cover personal property against scenarios like pet damage, recognizing that claims need to be validated with accurate assessments of lost or damaged items.

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