Author Question: Medical Arts Center had property valued at 380,000 and insured for 285,000. The fire insurance ... (Read 94 times)

madam-professor · **on:** Jun 24, 2018

Medical Arts Center had property valued at 380,000 and insured for 285,000. The fire insurance policy contained a 75 coinsurance clause. Medical Arts had water damage of 82,000. How much of this damage will be paid by the insurance company?

Question 2

____________________ interest has become known as the banker's rule.
Fill in the blank(s) with correct word