What is the 80% rule? (1 point)
O Insurance companies will require the policy holder to cover 80% of the deductible up front.
O Banks holding mortgages require the policy holder to embed 80% of the premiums into the mortgage.
O Insurance companies require that 20% of the replacement cost of the property be set as the deductible.
Insurance companies will require the policy holder take 80% of the replacement cost of the entire property
in coverage, or they will reduce the reimbursements by a proportionate amount.

According to the "80% rule," an insurer will only completely cover the cost of a home's damage if the owner has insurance coverage totaling at least 80% of the home's entire replacement cost.What does the "80% rule" in insurance mean?Most insurance companies mandate that in order to receive full coverage, homeowners must purchase replacement cost insurance worth at least 80% of the value of their property.According to the "80% rule," an insurer will only completely cover a home's damage costs if the owner has insurance coverage that is at least 80% of the home's entire replacement value.The insurance limit must be at least 80% of the building's worth, for instance, if your building is subject to 80% coinsurance. Your claim payment will be diminished proportionately to any shortfall if the policy maximum you've chosen falls short of the required percentage.Learn more about replacement cost: https://brainly.com/question/14681426#SPJ13