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Assume Anna Santos owns the ISO HO-2 policy described in this chapter. The limits are as follows: The replacement cost of Ashley's home is $320,000,
Assume Anna Santos owns the ISO HO-2 policy described in this chapter. The limits are as follows: The replacement cost of Ashley's home is $320,000, the contents are valued at $185,000. Your assignment is to compute the amount Ashley will collect in each of the following circumstances. (Assume each event occurs separately.) 4. Anna's husband spreads rumors about their neighbor Juan that he is a drug dealer. Juan sues her husband for $50,000 for personal injury. The cost to defend the suit is $10,000. 5. Anna is walking her dog and the dog bites a 4 year old girl in the neighborhood. The girl's parents sue Anna for $25,000. The cost to defend the suit is $10,000. 6. Anna's son is playing with their neighbor Jose. Jose falls on rock in her backyard and breaks his arm. The boys parents do not sue Anna, but ask her to pay for his emergency room visit which costs $1,500. 7. During a snow storm water leaks into Anna's bathroom damaging the ceiling and walls. The cost to repair the bathroom is $5,000
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