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2. DICE analysis: decide how much insurer to pay An explosion of one of the main steam boilers in Garden Goodness's processing plant damages the
2. DICE analysis: decide how much insurer to pay An explosion of one of the main steam boilers in Garden Goodness's processing plant damages the building and its contents, Two trucks owned and operated by Big-Country Shipping are also damaged Big-Country's drivers arrived half hour before the shipment was ready and parked the trucks on the road outside the plant. Loss Steam boiler damage Damage to building Damage to building contents S530,000 Produce lost Warehouse and office rent $60,000 Loss of business incomeS160,000 Big-Country's truck damage S35,000 Amount S25,000 S750,000 S20,000 The declarations for Garden Goodness list coverages: Property damage $10,000,000 Extra expenses only $1,000,000 Spoilage damage $500,000 The combined deductible is $30,000
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