Question
You have a $300,000 home that is insured for $225,000. There is an 85% coinsurance provision. If you file a claim of $45,000 (due to
You have a $300,000 home that is insured for $225,000. There is an 85% coinsurance provision. If you file a claim of $45,000 (due to wind damage to your roof), how much will the insurance company pay? YOU MUST SHOW ALL WORK FOR FULL CREDIT.
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Private Equity Mathematics
Authors: Oliver Gottschalg
1st Edition
1908783508, 9781908783509
