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Author Question: Conway's Hardware suffers 95,000 in fire damage. The building is valued at 450,000, and the owner ... (Read 120 times)

shenderson6

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on: Jun 24, 2018
Conway's Hardware suffers 95,000 in fire damage. The building is valued at 450,000, and the owner has it insured for 300,000 with 80 coinsurance. How much will the insurance company pay?
 A) 63,500
  B) 78,850
  C) 95,000
  D) 300,000

Question 2

What amount of property insurance coverage is needed to equal 80 of the property value of a home valued at 332,000?
 A) 265,600
  B) 66,400
  C) 26,560
  D) 6,640


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skipfourms123

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


shenderson6

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Reply #2 on: Jun 24, 2018
Correct answers!


skipfourms123

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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