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The property of Potes Garage is worth $900,000. Pote has a $375,000 fire insurance policy that contains an 80% coinsurance clause. What will the insurance

The property of Potes Garage is worth $900,000. Pote has a $375,000 fire insurance policy that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes $450,000 damage? If Pote meets the coinsurance, how much will the insurance company pay

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