11. Tom has a homeowner's policy with an 80% coinsurance clause. The full insurable value of his property is $300,000. He is only carrying $200,000 in coverage. A fire in the kitchen breaks out (which is a covered peril) and Tom incurs $60,000 in damages. a) How much will Tom recover from his insurance policy, ignoring any deductibles? b) If Tom carried the full value of $300,000 in coverage, how much would he recover?