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chouri chouri
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7 years ago
Darla purchased an unendorsed Homeowners 3 policy. While the policy was in force, a fire occurred that destroyed a living room set. The living room set cost $4,000 new, but was 25 percent depreciated when the loss occurred. Replacement furniture will cost $4,400. Assuming no deductible, how much will Darla receive from her insurer?
A) $3,000
B) $3,300
C) $3,400
D) $4,400
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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7 years ago
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chouri Author
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7 years ago
Thanks
jasonbourne
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Yesterday
You make an excellent tutor!
smdavis
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2 hours ago
Just got PERFECT on my quiz
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