725% Zoom View Insert Table Chart Text Shape Media Comment Format Document Text Body 1. Bill has a homeowners policy with form HO-3. His home has a replacement value of $80,000, and the contents are worth $45.000 at replacement cost or $35,000 at actual cash value. He has a detached greenhouse with heat and humidity control that houses his prized collection of exotic flowers. The flowers are valued at $11,000, and the greenhouse would cost $7,500 to replace at today's prices. His policy has the following coverages: Style Layout 1 More Font Dwellings Trebuchet MS (Calibri) Linscheduled personal property Personal liability, per occurrence $50,000 $30,000 S25,000 11pt Alignment Coverage C- Personal Property Coverage is for actual cash value, so a maximum of will be paid for damage to contents. Windstorm is the proximate cause of the wind-blown rain damage, so it is coveredot covered? Trees Shrubs and Other Plants: This coverage does/does not pay for losses caused by windstorm or rain. The flowers will won't be covered. Debris Removal: The cost of removing the two maple trees will/will not be paid because coverage did not apply to the peril (windstorm) causing damage to them. Additional Living Expense: Covered Additional Living Expenses are: Rental = Utilities = Commuting - One-time telephone charge = Total additional living expenses = Spacing 10 - Single C Bullets & Lists None The following is the summary of the payment that Bill will receive: Dwellung Grochouse Personal Property v 725% Zoom ul Chart T Text View Insert Table Shape Media Comment Format Document Text Body Debris Removal: The cost of removing the two maple trees will/will not be paid because coverage did not apply to the peril (windstorm) causing damage to them. Additional Living Expense: Covered Additional Living Expenses are: Rental = Utilities = Commuting = One-time telephone charge =- Total additional living expenses - Style Layout 1 More Font Trebuchet MS (Calibri) 11pt The following is the summary of the payment that Bill will receive: Character Styles None Dwelling Gronbousc Personal Property Alignment Spacing 10 - Single C Bullets & Lists None Trees Dehris Removal Additionnl Living Expense Total Deductibler-) TOTAL renulty@csulb.edu 725% Zoom View Insert Table Chart Text Shape Media Comment Format Document Text Body 1. Bill has a homeowners policy with form HO-3. His home has a replacement value of $80,000, and the contents are worth $45.000 at replacement cost or $35,000 at actual cash value. He has a detached greenhouse with heat and humidity control that houses his prized collection of exotic flowers. The flowers are valued at $11,000, and the greenhouse would cost $7,500 to replace at today's prices. His policy has the following coverages: Style Layout 1 More Font Dwellings Trebuchet MS (Calibri) Linscheduled personal property Personal liability, per occurrence $50,000 $30,000 S25,000 11pt Alignment Coverage C- Personal Property Coverage is for actual cash value, so a maximum of will be paid for damage to contents. Windstorm is the proximate cause of the wind-blown rain damage, so it is coveredot covered? Trees Shrubs and Other Plants: This coverage does/does not pay for losses caused by windstorm or rain. The flowers will won't be covered. Debris Removal: The cost of removing the two maple trees will/will not be paid because coverage did not apply to the peril (windstorm) causing damage to them. Additional Living Expense: Covered Additional Living Expenses are: Rental = Utilities = Commuting - One-time telephone charge = Total additional living expenses = Spacing 10 - Single C Bullets & Lists None The following is the summary of the payment that Bill will receive: Dwellung Grochouse Personal Property v 725% Zoom ul Chart T Text View Insert Table Shape Media Comment Format Document Text Body Debris Removal: The cost of removing the two maple trees will/will not be paid because coverage did not apply to the peril (windstorm) causing damage to them. Additional Living Expense: Covered Additional Living Expenses are: Rental = Utilities = Commuting = One-time telephone charge =- Total additional living expenses - Style Layout 1 More Font Trebuchet MS (Calibri) 11pt The following is the summary of the payment that Bill will receive: Character Styles None Dwelling Gronbousc Personal Property Alignment Spacing 10 - Single C Bullets & Lists None Trees Dehris Removal Additionnl Living Expense Total Deductibler-) TOTAL renulty@csulb.edu