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Chapter 6, Review Questions 1 Homework. Unanswered A property insurance policy is written with a 90 percent coinsurance clause and a policy limit of $45,000.
Chapter 6, Review Questions 1 Homework. Unanswered A property insurance policy is written with a 90 percent coinsurance clause and a policy limit of $45,000. The actual replacement cost of the structure, less depreciation, is found to be $100,000. What amount may be collected under this policy in the event of a $50,000 loss? Numeric
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