Insuring a Standard Home Beth is the owner of a 15-year-old home, and is looking to buy a homeowner's insurance polay. She feels it would be overly cautious to purchase protection from all perils, but in addition to protection from fire, vandalism, windstorms, and so on, she also wants Insurance for damage caused by malfunctioning of internal structures like air conditioning or plumbing. Based on the perill coverage it offers, she purchases an #04 Insurance policy Her home has a replacement value of $250,000, therefore she insures her home for the minimum legal requirement of 5200,000 Assuming she does not purchase any additional coverage beyond the legal minimums, complete the following table indicating the maximum dollar value of reimbursement she can receive for each of the following: 5 S Damage to personal property: Detached buildings: Loss of Use (Additional living expenses): Property damage: $ Insuring While Away at College Beth's son, Andrew, is a college student living in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full value is insured. Which of the following statements regarding Andrew's insurance needs are true? Check all that apply. Insuring while Away at College Beth's tion, Andrew, is a college student living in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full value is insured. Which of the following statements regarding Andrew's Insurance needs are true? Check all that apply. He should tell the insurance agency that he parks in a garage to save money on premium His property is covered up to 10% of the coverage on the home Andrew should purchase an HO-4 broad form insurance policy because he is not covered under his parents policy Insuring a Condominium Beth's parents own a condominium that they fully insured for the replacement value of $150,000. Last year a portion of their roof collapsed due to the weight of snow after a severe storm, rendering the condo uninhabitable for the month that it took to complete repairs. Based on the coverage details of their condominium form H0-B insurance policy, the additional living expenses they incur as a result of the damage (such as the cost of staying in a hotel during the repairs)