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6. Hydro Conduit Company HCC has experienced several losses. Calculate how much the insurer will pay to settle the claims. a. A fire damaged one

6. Hydro Conduit Company HCC has experienced several losses. Calculate how much the insurer will pay to settle the claims. a. A fire damaged one of HCC's storage buildings. The building was insured for $200,000 under a property insurance policy that included an 80 percent coinsurance clause and a $5,000 deductible. The building was valued at $300,000 at the time of the fire. The fire damage was $60,000. How much will the insurer pay to settle this claim? (2 points) b. HCC's business personal property is insured on an actual cash value (ACV) basis. A fire damaged the home office building. A copy machine that was originally purchased for $5,000 was destroyed by the fire. The copier was worth $3,500 at the time of the loss due to depreciation. A replacement copier will cost $7,500. Assuming a $500 deductible applies to this loss, how much will HCC receive from its insurer to settle this claim? (2 points)
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6. Hydro Conduit Company MCC han experienced aeveral 10 aen, the inaurer will pay to setele the olais: Caleulate how euch a. A fire danaged one of HCC'a atorage buildings. The building wan inaved fer $200,000 under a proporty inaurance poliey that ineluded an 80 percent coinaurance elause and a $5,000 deductible. The building ran valued at $300,000 at the tise of the fire. The fire damage was $60,000. How much will the inaurer pay to aetile this elasis (2 pointa) b. HCC'a business personal property ia inaured on an actual canh value (ACV) basia. A fire daaged the hose office building. A copy sachine that wan originaliy purchased for $5,000 vas destroyed by the fire, The copier wan worth $3,500 at the tine of the loss due to depreciation. A replacenent copier w111 oont $7,500, Assuaing a $500 deductible spplies to this loss, how auch will FCC receive from 1ta inaurer to etele this olais? ( 2 pointa)

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