An apartment house is worth $50,000. It is insured for $30,000, and the policy has an 80% coinsurance clause in it. There is a $20,000 loss. The insurance company will pay:

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An apartment house is worth $50,000. It is insured for $30,000, and the policy has an 80% coinsurance clause in it. There is a $20,000 loss. The insurance company will pay:

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Question

Asked 2/27/2012 5:00:34 PM

Updated 339 days ago|1/2/2023 5:07:38 AM

1 Answer/Comment

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User: Which of the following terms describes the cost to replace property without deduction for depreciation?

User: what terms describes the cost to replace property without deduction for depreciation?

User: An apartment house is worth $50,000. It is insured for $30,000, and the policy has an 80% coinsurance clause in it. There is a $20,000 loss. The insurance company will pay:

Weegy: $10,000
Expert answered|Krishnaveni|Points 7|

User: Glenn has a building valued at $100,000. It carries insurance of $50,000 with a 90% coinsurance clause. How much will he collect in the event if a total loss?

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Question

Asked 2/27/2012 5:00:34 PM

Updated 339 days ago|1/2/2023 5:07:38 AM

1 Answer/Comment

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Glenn has a building valued at $100,000. It carries insurance of $50,000 with a 90% coinsurance clause. $50,000 will he collect in the event if a total loss.

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Added 339 days ago|1/2/2023 5:07:38 AM

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