MATH A company pays an average of $2,000 each year to insure against possible losses associated with exporting products around the world. The business has been in operation for 10 years and has paid the same insurance premium every year. How much has the company paid for insurance? The company recently filed an insurance claim for damage to shipped products valued at $50,000. The insurance company paid only 80 percent of the claim. How much did the company receive? How much of the loss was not covered?