Reference no: EM132783071

Wilson Manufacturing Company insures its factory and business personal property under a BPP with the following limits, which satisfy the policy's 80 percent coinsurance requirement:

Building: $500,000

Your Business Personal Property: $800,000

Wilson's property was damaged by a covered peril. Indicate how much, if anything, Wilson's BPP should pay for each of the following aspects of the loss. Ignore any deductible.

a. Several underground pipes, valued at $5,000, were destroyed.

b. $1,300 cash was destroyed.

c. Wilson was required by local ordinance to pay a $500 service charge to the local fire department.

d. Plans and blueprints owned by Wilson were destroyed. The cost of research to replace these valuable papers was $6,000.

e. Patterns owned by a customers of Wilson's were destroyed. Their actual cash value was $5,000.