Solved

The Dairy Barn Has an 80% Property Coinsurance Policy on Their

Question 26

Short Answer

The Dairy Barn has an 80% property coinsurance policy on their building, valued at $60,000. The store suffers $22,000 in fire damage. The owners have insuranced the store for $40,000. How much will the insurance company pay?

Correct Answer:

verifed

Verified

$18,260;
$60,000*0....

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions