Sam and Kelly have an H0-3 policy on their home. The building is insured for $300,000 and the 50% sublimit on contents is sufficient for their personal property. Kelly keeps $350 in a cookie jar in the kitchen to pay for groceries. The policy has a $500 deductible and $200 sublimit on cash and securities. A kitchen fire causes $75,000 of structural damage and destroys everything in the kitchen, including the cookie jar. They believe the contents loss was $25,000 plus the cash. Assuming the policy covers this loss, what would the policy pay? $99,375 $99,500 $99,700 $99,875 $100,200 Which of the following characterizes the property coverage provided by a "broad orm" policy? Coverage of building and contents for the perils listed in the policy. Coverage of building for all perils not specifically excluded, coverage of contents for perils listed in the policy. Coverage of building and contents for all perils not specifically excluded. Coverage for building and contents for all perils not specifically excluded and loss of use coverage for covered perils