Question
Carmen Viers lost everything to a fire and has spent the last eight weeks living in a motel room at a cost of $7,516. Her
Carmen Viers lost everything to a fire and has spent the last eight weeks living in a motel room at a cost of
$7,516.
Her dwelling, which was destroyed as a result of a lightning strike, was insured with an HO-2 policy for
$346,737.
Prior to the loss, her home was valued at
$381,000,
her detached garage and poolhouse were valued at
$45,330,
and her personal property had an actual cash value of
$112,297.
To make matters worse she sustained $10,000 in injuries while trying, unsuccessfully, to save her three Greyhound dogs valued at $6,000 each. How much of her total losses and expenses will be reimbursed if she has a $1,000 deductible?
The amount of total losses and expenses she will be reimbursed if she has a $1,000 deductible is?
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