Current Attempt in Progress

When Ernie Franklin originally bought his home for $\backslash (\backslash$$ $145,000\backslash ),$ he followed the advice of his agent and purchased homeowner's insurance in the amount of $\backslash (\backslash$$ $116,000\backslash )$ to cover the value of the dwelling, not including the land. His home value has now increased to $\backslash (\backslash$$ $220,000\backslash ),$ of which $\backslash (\backslash$$ $176,000\backslash )$ is the value of the dwelling, not including the land, but he has not increased the amount of coverage. If Ernie's insurer requires that its policyholders have at least $80$ of the value insured, and his home is completely destroyed in a fire, will his loss be completely covered?