Question
The Jordan Company building was valued at $400,000. The building was insured for $200,000. The policy contained an 80% coinsurance clause. A fire caused $180,000
The Jordan Company building was valued at $400,000. The building was insured for $200,000. The policy contained an 80% coinsurance clause. A fire caused $180,000 in damages. Compute the amount of the fire damage the Jordan Company had to pay.
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Healthcare Financial Management Applied Concepts And Practical Analyses
Authors: Cassandra R. Henson
1st Edition
0826144748, 978-0826144744
