1. Daisha owns a small warehouse that is insured for $200,000 under a commercial property insurance policy. The policy contains an 80% coinsurance clause. The warehouse sustained a $50,000 loss because of a fire in a storage area. The value of the warehouse at the time of loss is $500,000. What is the insurers liability, if any, for this loss? Show your work.

2. Daisha also owns a commercial office building that is insured under three property insurance contracts. She has $100,000 of insurance from Company A, $200,000 from Company B, and $200,000 from Company C. Assume that the pro-rata liability provision appears in each contract.
   1. If a $100,000 loss occurs, how much will Daisha collect from each insurer? Show your work or explain your answer.

2. What is the purpose of the other-insurance provisions that are frequently found in insurance contracts?