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Discuss about the maximum liability

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Reference no: EM131628794

Question: Fred Rayburn is a renter who has a renters insurance policy for $20,000 of household goods and has selected the maximum liability with $500 deductible. His credit is rated as occasional payments after 30 days. If Fred also adds an endorsement of $2,500 for firearms he keeps at his condo, how much is his annual premium?

Reference no: EM131628794

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