Which of the following statements about mobile home insurance is (are)

Which of the following statements about mobile home insurance is (are) true?

I. Coverage for the mobile home may be written on either a replacement cost basis or an actual cash value basis, depending on how much the mobile home has depreciated.
II. An additional coverage pays, up to a specified dollar limit, for the cost of transporting the mobile home to a safe place when it is endangered by a covered peril.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: C