Carmella has a small workshop where she has equipment to make ceramics. Much of the equipment was purchased 10 years ago. Recently, her workshop had a fire that destroyed a lot of her equipment. The insurance company has said that it will reimburse her for the amount she paid for the equipment 10 years ago. What type of insurance coverage was Carmella lacking?
Question 4 options:
Umbrella
Workers' compensation
Business interruption
Replacement cost
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Home » Business » Carmella has a small workshop where she has equipment to make ceramics. Much of the equipment was purchased 10 years ago. Recently, her workshop had a fire that destroyed a lot of her equipment.