Assume that Bill Blanton owns a HO-3 policy for his home. The limits set in his policy are provided below:

Coverage A	$120,000
Coverage B	$12,000
Coverage C	$60,000
Coverage D	$24,000
Coverage E	$100,000
Coverage F	$5,000

A $250 deductible applies to Section 1, Coverages A, B, and/or C. The replacement cost of Bills home is $130,000, the contents are valued at $70,000, and the home is 30 percent depreciated. Compute the amount that Bill will collect.(FILL IN THE LAST TABLE) Note: a deductible will only apply if losses are less than the coverage limit.

1. A neighbors eight-year-old child accidentally releases the brakes on his familys pickup truck, sending it crashing into Bills home. Damage to the home amounts to $25,000. The truck is destroyed. Its ACV before the loss was $22,000. The child and Bill both suffer a broken arm. Medical expenses amount to $5,000 for each person.

DO NOT COPY PASTE FROM OTHER SOURCES AND PLEASE ANSWER THE FOLLOWING

Dwelling limit

Dwelling loss

Is the dwelling covered (yen/no)

Amount of truck loss

Is the truck covered (yes/no)

Combined medical expenses

Is medical covered (yes/no)

Deductible

Does deductible apply (yes/no)

Total collected