Maggie mallette owns a home with a replacement value of


Question: Maggie Mallette owns a home with a replacement value of $492,000. The homeowners insurance policy has an 80% coinsurance clause and a face value of $350,000. Damage caused by a storm costs $43,790 to repair. What compensation will the insurance company pay?

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Mathematics: Maggie mallette owns a home with a replacement value of
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