1) Mrs. Hill has an HO3 insurance policy for her home. The coverage for her home is $200,000. She does not buy any endorsements. Suppose Mrs. Hill has a fire in her yard. The damage to her detached gym is estimated at $12,000, the damage to her fence is estimated at $8,000, and the damage to her swimming pool is estimated at $6,000. How much money will her insurance company pay her for these losses?

2) Mrs. White has an HO3 insurance policy for her home. The coverage for her home is $300,000. She does not buy any endorsements. Suppose Mrs. White has a big fire in her home. Her house is badly damaged. She has to leave her house and live somewhere else for a year. During that year, her house is being repaired. What is the maximum amount of money that her insurer will pay her for having to live somewhere else?

3) Mr. Jones buys a homeowners insurance policy. The base replacement cost for his home is $400,000. The location modifier for his home is 1.2. The rate per dollar of replacement cost is $0.004. What is Mr. Jones' premium for insuring his home?