How much indemnification will Scott receive for his mobile home loss if it had a pre-flood value of $15,000?

The amount Scott will receive for his mobile home loss, reflecting the correct choice, is based on the principle of indemnification, which aims to restore the insured to their position prior to the loss. Given that the pre-flood value of Scott's mobile home was $15,000, indemnification would typically cover this value without exceeding it.

In typical insurance practices, particularly for flood insurance governed by programs like the National Flood Insurance Program (NFIP), the payment is associated closely with the depreciated value or actual cash value of the property right before the loss event, in this case, the flood. Therefore, if there are no additional endorsements, coverage limitations, or other considerations impacting the indemnity, Scott would receive the full pre-flood value of $15,000 for his loss. This approach ensures that the insured is not profiting from the loss but is simply compensated for their actual financial loss, which aligns with the definition of indemnification.