Last year, Brett and Amber Walsh bought a home with a dwelling replacement value of

$$250,000$ and insured it $($via an HO$-5$ policy$)$ for $$210,000.$ The policy reimburses for actual

cash value and has a $$500$ deductible, standard limits for coverage C items, and no

scheduled property. Recently, burglars broke into the house and stole a two$-$year$-$old

television set with a current replacement value of $$600$ and an estimated useful life of eight

years. They also took jewelry valued at $$1,850$ and silver flatware valued at $$3,000.$

If the Walsh's policy has an $80$ percent co$-$insurance clause, do they have enough

insurance?

Assuming a $50$ percent coverage $C$ limit$,$ calculate how much the Walshes would receive if

they filed a claim for the stolen items.

What advice would you give the Walshes about their homeowner's coverage?