Q3 Amount of Loss Deductible Amount of Insurance Actually Carried \% Percentage Amount Needed Replacement Value $75,000.00 $500.00 $150,000.00 80% $200,000.00 Application Time! Sam (Jessica's husband) home has a replacement value with a deductible. A couple of years ago he insured his home and the coverage never increased, even though the policy required coverage of 80% of the replacement cost. last month, he had a kitchen fire, which caused damages. How much will he have to pay out of pocket? Q3 Amount of Loss Deductible Amount of Insurance Actually Carried \% Percentage Amount Needed Replacement Value $75,000.00 $500.00 $150,000.00 80% $200,000.00 Application Time! Sam (Jessica's husband) home has a replacement value with a deductible. A couple of years ago he insured his home and the coverage never increased, even though the policy required coverage of 80% of the replacement cost. last month, he had a kitchen fire, which caused damages. How much will he have to pay out of pocket