Assume Leslie Lenard owns the ISO HO 3 policy described in this chapter The limits are as follows A $250,000 B $25,000 C $125,000 D $75,000 E $100,000 F $1,000 The replacement cost of Ashleys home is $260,000, the contents are valued at $120,000, Your assignment is to compute the amount Ashley will collect in each of the following circumstances (Assume each event occurs separately ) Be sure to state the coverages A,B,C,D,E,or F and the amount of money that would be paid Leslies house and all its contents are destroyed by a fire It takes 6 months to rebuild the home, and Ashleys additional living expenses amount to $22,000 Leslies unattached garage burns, destroying the garage (damage $20,000) , the lawn care equipment inside (damage $2,500) ,and her car (ACV 15,000) There is a blizzard in the winter The weight of ice and snow causes $30,000 damage to her home It costs her an additional $225 a day for 30 days for her family to live in a hotel while her home is being repaired Her mortgage is $1,500 a month It costs her family $100 a day to eat out while meals at home cost $30 a day Her 15 year old son slips on the ice on the driveway and sprains his ankle The emergency room visit costs 1,200 Leslies husband Robert is burning leaves in the backyard and causes his neighbor's house to burn A judgment is made for $150,000 Legal expenses are $30,000 Leslie has guests at her house A guest trips on the stairs and breaks her leg The guest has a judgment against Leslie for $12,000 medical expenses, $5,000 in lost wages, and $30,000 for pain and suffering It costs an additional $15,000 to provide Leslie with a legal defense While her 22 year old son, Alex, a full time student, is on vacation his watch (ACV $200), passport, and $500 cash is stolen from his dorm room It costs him $500 to get his passport replaced Sewage backs up into Leslies basement The damage to the floor is $6,000 The contents in the basement that are destroyed have an ACV $5,000 Leslie is taking care of 5 children at her house The parents of each child pays her $500 a month to care for the child One of the children suffers from food poisoning and the parents successfully get a judgment against Ashley for $20,000

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Assume Leslie Lenard owns the ISO HO-3 policy described in this chapter. The limits are as follows: A = $250,000 B = $25,000 C =

Assume Leslie Lenard owns the ISO HO-3 policy described in this chapter. The limits are as follows:

A = $250,000

B = $25,000

C = $125,000

D = $75,000

E = $100,000

F = $1,000

The replacement cost of Ashleys home is $260,000, the contents are valued at $120,000,

Your assignment is to compute the amount Ashley will collect in each of the following circumstances. (Assume each event occurs separately.) Be sure to state the coverages A,B,C,D,E,or F and the amount of money that would be paid.

Leslies house and all its contents are destroyed by a fire. It takes 6 months to rebuild the home, and Ashleys additional living expenses amount to $22,000.

Leslies unattached garage burns, destroying the garage (damage = $20,000) , the lawn-care equipment inside (damage = $2,500) ,and her car (ACV=15,000)

There is a blizzard in the winter. The weight of ice and snow causes $30,000 damage to her home. It costs her an additional $225 a day for 30 days for her family to live in a hotel while her home is being repaired. Her mortgage is $1,500 a month. It costs her family $100 a day to eat out while meals at home cost $30 a day. Her 15 year old son slips on the ice on the driveway and sprains his ankle. The emergency room visit costs 1,200.

Leslies husband Robert is burning leaves in the backyard.and causes his neighbor's house to burn. A judgment is made for $150,000. Legal expenses are $30,000.

Leslie has guests at her house . A guest trips on the stairs and breaks her leg. The guest has a judgment against Leslie for $12,000 medical expenses, $5,000 in lost wages, and $30,000 for pain and suffering. It costs an additional $15,000 to provide Leslie with a legal defense.

While her 22 year old son, Alex, a full-time student, is on vacation his watch (ACV=$200), passport, and $500 cash is stolen from his dorm room. It costs him $500 to get his passport replaced.

Sewage backs up into Leslies basement. The damage to the floor is $6,000. The contents in the basement that are destroyed have an ACV=$5,000.

Leslie is taking care of 5 children at her house. The parents of each child pays her $500 a month to care for the child. One of the children suffers from food poisoning and the parents successfully get a judgment against Ashley for $20,000.