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Laura's home is insured for a value of $200,000. Her homeowners policy has a $1,000 deductible for covered perils, and a separate windstorm deductible of
Laura's home is insured for a value of $200,000. Her homeowners policy has a $1,000 deductible for covered perils, and a separate windstorm deductible of 5%. How much will Laura's insurer pay if her home suffers a $30,000 windstorm loss? Available answer options Select only one option A $19,000 B $20,000 C $28,500 D $29,000
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Principles Of Risk Management And Insurance
Authors: George E. Rejda, Michael McNamara
12th Edition
132992914, 978-0132992916
