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Audrey boles owns a home with a replacement value of 650000

Question: Audrey Boles owns a home with a replacement value of $650,000. Its homeowners insurance policy has an 80% coinsurance clause and a face value of $400,000. Damage from a fire is estimated to be $82,000. What compensation will the insurance company pay?

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Mathematics: Audrey boles owns a home with a replacement value of 650000

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Mathematics: Audrey boles owns a home with a replacement value of 650000

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