Frank's garage burned down and his wife, Peggy, called the insurance agency. Susan told the agent: "We had that garage insured for eighty thousand and I want what's mine." The agent replied, "Oh just a minute, Peggy. Insurance doesn't quite work like that. We will assess the value of whatever you had insured and provide you with a new one of equal value." A pause before Susan replies, "Then I'd like to cancel the policy on my husband while we're at it."