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Mark owns a building that he insured for $900,000. The replacement cost of the building is $1,000,000. The actual cash value of the building is

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Mark owns a building that he insured for $900,000. The replacement cost of the building is $1,000,000. The actual cash value of the building is $800.000. Mark's property insurance policy has an 80 percent coinsurance clause. Ignoring any deductible, if Mark's building is destroyed by fire, how much will Mark recelve from his insurer? James purchased liability insurance with a $100,000 limit from Insurer A. When Insurer A denied a claim that James thought should be covered, he bought a second liability insurance policy with a $150,000 limit from Insurer B. Before he cancelled the policy with Insurer A, a $60,000 loss occurred. If this loss is settled on a pro rata basis, how much must Insurer A pay? James purchased liability insurance with a $100,000 limit from Insurer A. When Insurer A denied a claim that James thought should be covered, he bought a second liability insurance policy with a $150.000 limit from Insurer B. Before he cancelled the policy with Insurer A, a $60,000 loss occurred. If this loss is settled on a pro rata basis, how much must Insurer B pay? XYZ Company insured its building for $450,000 under a property insurance policy that included an 80 percent coinsurance clause. The building had a replacement cost of $500,000 and actual cash value of $450,000 when it sustained a $50,000 loss. How much will XYZ Company receive from its insurer, assuming no deductible applies

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