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Title: The property of Delgesh's Garage is worth $90,000. Delgesh has a fire insurance policy of $40,000 ...
Post by: imomo on Jan 7, 2024

The property of Delgesh's Garage is worth $90,000. Delgesh has a fire insurance policy of $40,000 that contains an 80% coinsurance clause. On a fire that causes $60,000 of damage, the insurance company pays:



$27,777.78



$27,777.87



$33,333.33



$33,330.00



None of the answer choices are correct.



Title: Re: The property of Delgesh's Garage is worth $90,000. Delgesh has a fire insurance policy of $40,000 ...
Post by: Quiera730 on Jan 7, 2024
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