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A building is insured for $200,000 under an agreed value policy. The policy has a $10,000 deductible and the agreed value of the building is

  1. A building is insured for $200,000 under an agreed value policy. The policy has a $10,000 deductible and the agreed value of the building is $250,000. After suffering a $43,000 loss, the insurer will pay (rounded to the nearest $100)
  • A. $24,400.
  • B. $33,000.
  • C. $34,400.
  • D. $43,000.

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