QUESTION 5 Owens Holdings owns a building with an actual cash value of $200,000. The property is insured under a Building and Personal Property Coverage Form (BPP) with a building limit of $140,000, an 80% coinsurance clause, and a $1,000 deductible. The policy includes a Cause of Loss - Basic Form covering the building. The building suffers $80,000 in water damage. Which one of the following amounts will Owens'insurer pay? (2 points) Choose one answer. $0 $79,000 $69,000 $79,000 QUESTION 6 Which one of the following optional coverages would obligate the insurer to pay for new property of like kind and quality, without any deduction for depreciation? (2 points) Choose one answer. Functional Replacement Cost Replacement Cost Actual cash value Agreed value