Reference no: EM132779387

Tahani has a HO-2 (Broad form) policy on her home with the following coverages and limits.

Coverage A: $360,000

Coverage B: $36,000

Coverage C: $180,000

Coverage D: $108,000

Coverage E: $250,000

Coverage F: $3,000

Deductible: $1,000 (for calculation purposes, only apply this to Coverage A)

• Tahani's policy also has an endorsement providing replacement cost coverage under Coverage C, but no other endorsements.
• A tornado in Tahani's area causes $100,000 in damage to her house and $5,000 in damage to her detached garden shed. The tornado breaks several windows and rain blows in, ruining $15,000 of décor and electronics in her bedroom and living room. While the house is being repaired, Tahani stays at a local hotel for three weeks, which costs $15,000.

Problem 1: How much does her policy pay under Coverage A?

Problem 2: How much does her policy pay under Coverage B?

Problem 3: How much does her policy pay under Coverage C?

Problem 4: How much does her policy pay under Coverage D?