Define the given paragraph and give solution

Assignment Help Other Subject

Reference no: EM131486317

Question: When Carolina's house burned down, she lost household items worth a total of $50,000. Her house was insured for $160,000 and her homeowner's policy provided coverage for personal belongings up to 55 percent of the insured value of the house. Calculate how much insurance coverage Carolina's policy provides for her personal possessions and whether she will receive payment for all of the items destroyed in the fire.

Reference no: EM131486317

Questions Cloud

What amount will the insurance company pay for the damages : Kurt Simmons has 50/100/15 auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car and damaging a storefront along the street.

What is the forecast for the rental and leasing revenue : Unit 4: Assignment - What is the forecast for the rental and leasing revenue for the year 2011 - How confident are you in this forecast?

What would be the future value of the annual savings : Karen and Mike currently insure their cars with separate companies, paying $700 and $900 a year. If they insured both cars with the same company.

Discuss the capital structure for coca cola inc : Discuss the capital structure for Coca Cola Inc Also, examine the 10k annual report and use the Capital Asset Pricing Model

Define the given paragraph and give solution : When Carolina's house burned down, she lost household items worth a total of $50,000. Her house was insured for $160,000 and her homeowner's policy provided.

What discount will dave and ellen receive : Dave and Ellen are newly married and living in their first house. The yearly premium on their homeowner's insurance policy is $450 for the coverage they need.

What would be the future value of the annual savings : Shaan and Anita currently insure their cars with separate companies, paying $650 and $575 a year. If they insure both cars with the same company.

Is us dollar good for the united states and if so why : The U.S. dollar remains the world's reserve currency. Is this good for the United States, and if so, why? People usually think a "strong" dollar is good.

What are the three ways of purchasing health insurance : Why is it important to work with your parent's doctor to provide the information the insurer needs for long-term-care benefits?

User Account

All Pages