An inflation guard endorsement will
A)
protect you from a decline in housing prices by ensuring that you can resell your home for at least as much as you paid for it.
B)
protect you from a rise in housing prices by ensuring that you can resell your home for the initial purchase price plus an adjustment for inflation.
C)
periodically increase your dwelling protection to reflect increases in replacement cost.
D)
increase the co-insurance percentage in the replacement cost provision.
ANSWER
C
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