1. Tom and Cindy Jones insured their home and personal property under an unendorsed Homeowners 3 policy. The home has a current replacement cost of $300,000. The policy contains the following limits:

Coverage A $240,000

Coverage B 24,000

Coverage C 120,000

Coverage D 72,000

The home was badly damaged in a fire, and the family was forced to live in a motel for 60 days while their home was being rebuilt. Undamaged personal property was stored in a rental unit during of reconstruction. What dollar amount, if any, is payable under the Homeowners 3 policy for the following (ignore any deductible)?

a. Three bedrooms were totally destroyed in the fire. The replacement cost of restoring the bedrooms is $80,000. The actual cash value of the loss is $50,000.

b. Monthly mortgage of $1500 on their home

c. Rental of motel room at $100 per day for 60 days

d. Meals eaten in the motel restaurant for 60 days at an average cost of $60 daily (food costs at home $20 daily).

e. Rent for storing undamaged furniture in a rental unit while the home is being rebuilt, $200 monthly.