Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Insurance
New Topic  
AzJose AzJose
wrote...
Go to Answer
Posts: 679
Rep: 0 0
6 years ago
A dwelling with a replacement cost of $150,000 was insured under a Homeowners 3 policy for $100,000 at the time the roof was destroyed by a windstorm. The actual cash value of the loss was $9,000, but it will cost $12,000 to replace the roof. Assuming no deductible, what will the insurer pay to settle this loss?
A) $8,000
B) $9,000
C) $10,000
D) $12,000
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
Read 101 times
2 Replies
Replies
Answer verified by a subject expert
Toni_AnnetteToni_Annette
wrote...
#1
Top Poster
Posts: 581
Rep: 5 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

AzJose Author
wrote...
#2
5 years ago
Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1324 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1653
  
 161
  
 261
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?