Application Timel Andrea (Alex's wife home has a replacement value with a deductible. A couple of years ago she insured her 3 home and the cowerage never increased even though the policy required coverage of 80% of the replacement cost Last month she had a kitchen for which coused damages. How much will she have to pay out of pocket? Step 1: Calculate the Amount Loss minus the Deductible Step 2: Calculate the placement Cost Step 3: Calculate the amount Covered Step 4: Calculate the Total Amount Reimbursed Step 5: What is the she will pay? (1 minus the amount covered) Step 6: What is the Total Amount she will pay? What observation do you see with this current coverage situation! What could be different? 50.000,00 $160,000.00 000 572,000.00 50.10 SSDOO Application Timel Andrea (Alex's wife home has a replacement value with a deductible. A couple of years ago she insured her 3 home and the cowerage never increased even though the policy required coverage of 80% of the replacement cost Last month she had a kitchen for which coused damages. How much will she have to pay out of pocket? Step 1: Calculate the Amount Loss minus the Deductible Step 2: Calculate the placement Cost Step 3: Calculate the amount Covered Step 4: Calculate the Total Amount Reimbursed Step 5: What is the she will pay? (1 minus the amount covered) Step 6: What is the Total Amount she will pay? What observation do you see with this current coverage situation! What could be different? 50.000,00 $160,000.00 000 572,000.00 50.10 SSDOO