This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Property valued at 150,00 . was insured for 100,000 . The policy contained a 60 coinsurance clause. ... (Read 80 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jun 24, 2018
Property valued at 150,00 . was insured for 100,000 . The policy contained a 60 coinsurance clause. A fire caused 45,00 . in damages. Compute the amount the insurance company paid for repairs.

Question 2

Property valued at 140,00 . was insured for 90,000 . The policy contained an 80 coinsurance clause. A fire caused 56,00 . in damages. Compute the amount the insurance company paid for repairs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

batool

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 24, 2018
Answer to Question 1

50,000

Answer to Question 2

45,000


roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jun 24, 2018
Wow, this really help

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Distribution of the Property of Americans Distribution of the Property of Americans
Scientific monitoring with environmental policy (SOER) Scientific monitoring with environmental policy (SOER)
The fiscal policy to counter an inflationary gap is a(n) The fiscal policy to counter an inflationary gap is a(n)
How many moles of AgCl are contained in 244 mL of 0.135 m AgCl solution? The density of the ... How many moles of AgCl are contained in 244 mL of 0.135 m AgCl solution? The density of the ...
Types of policy Types of policy
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library