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Calculate the amount to be paid by the insurance company for the claim. Replacement Amount of Loss Value of Face Value Coinsurance Amount Insurance Co.
Calculate the amount to be paid by the insurance company for the claim.
| Replacement |
|
|
| Amount of Loss |
| Value of | Face Value | Coinsurance | Amount | Insurance Co. |
| Building | of Policy | Clause | of Loss | Will Pay |
| $80,000 | $54,000 | 75% | $16,000 |
|
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Commercial Energy Auditing Referance Handbook
Authors: Steve Doty
1st Edition
0881736481, 978-0881736489
