What amount would the insurance company pay

Reference no: EM131486328

Question: 1. If Carissa Dalton has a $130,000 home insured for $100,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a $5,000 claim?

2. For each of the following situations, what amount would the insurance company pay?

a. Wind damage of $835; the insured has a $500 deductible.

b. Theft of a stereo system worth $1,150; the insured has a $250 deductible.

c. Vandalism that does $425 of damage to a home; the insured has a $500 deductible.

Reference no: EM131486328

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