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The named insured leaves a backpack filled with personal belongings in his garage. The backpack is later stolen. The loss is valued at $2,429 replacement
The named insured leaves a backpack filled with personal belongings in his garage. The backpack is later stolen. The loss is valued at $2,429 replacement cost and a depreciated value of $771. The HO-3 contract has a $150 deductible on Section I. How much will the HO-3 contract pay for this loss?
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner
4th Edition
