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All-American Movie Theater has a commercial building insured with a $100,000 limit under the Building and Personal Property coverage form with an 80% coinsurance clause.

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All-American Movie Theater has a commercial building insured with a $100,000 limit under the Building and Personal Property coverage form with an 80% coinsurance clause. The building was damaged as a result of a catastrophic lightning storm. The value of the building at the time of the loss is $250,000. The loss caused $80,000 of damage. How much of the loss will be paid by the insurer? Assume there is no deductible applicable to this loss. W Maximum number of characters (including HTML tags added by text editor): 32,000 Show Rich-Text Editor (and character count)

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