To qualify for replacement cost coverage, how much Coverage A would the insured need if the home’s replacement value is $60,000?

For replacement cost coverage, standard insurance policies typically require that a homeowner maintain a certain percentage of the home's replacement value to ensure full coverage in the event of a loss. This percentage often reflects a requirement to have coverage that meets or exceeds 80% of the home's replacement value.

In this case, if the home’s replacement value is $60,000, to meet the 80% threshold, the homeowner would need to carry at least $48,000 in Coverage A. This amount (which is 80% of $60,000) ensures that the policyholder is adequately covered for the full replacement cost of the home if a claim were to be made. By maintaining Coverage A at this level, the insured can avoid penalties or reduced payouts during the claims process, ensuring they have sufficient funds to rebuild or repair their home according to current construction standards.

This calculation is crucial in the context of insurance policies, reflecting the principle that sufficient coverage protects the homeowner's financial interests in the event of damage or loss. The other amounts provided do not meet the necessary percentage for adequate replacement cost coverage.