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AzJose AzJose
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6 years ago
Mark owns a building that he insured for $90,000. The replacement cost of the building is $100,000. Mark's property insurance policy has an 80 percent coinsurance clause and no deductible. If Mark's building is destroyed by a covered peril, how much will Mark receive from his insurer?
A) $80,000
B) $90,000
C) $101,250
D) $112,500
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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6 years ago
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AzJose Author
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6 years ago
Thank you, thank you, thank you!
bkrandy
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
dri
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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