Final answer:
The question pertains to the '80% rule' in dwelling insurance policies, requiring coverage to be at least 80% of the home's replacement value for receiving full compensation on partial losses.
Step-by-step explanation:
The question 'Under Dwelling Policies, which require the policy to be written to at least 80?' refers to insurance, specifically to a rule known as the 80% rule in dwelling insurance policies. This rule states that a policy must cover at least 80% of the home's replacement value in order for the homeowner to receive full compensation for a partial loss. If the coverage is less than 80%, the insurance company may only pay a portion of the loss. This requirement is set to ensure that policyholders maintain an adequate coverage level in relation to the value of their property.
Under Dwelling Policies, the policy must be written to at least 80% of the property's full replacement cost in order to be valid. This means that the policy coverage should be equal to or greater than 80% of the estimated cost it would take to rebuild the property in the event of a total loss. For example, if the full replacement cost of a dwelling is $100,000, the policy must provide coverage of at least $80,000 to meet the 80% requirement.