Tim akers has insured his home for 550000 the replacement
Question: Tim Akers has insured his home for $550,000. The replacement value of the home is $690,000 with an 80% coinsurance clause. Repairs from a fire cost $38,588. How much will the insurance company pay?
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question tim akers has insured his home for 550000 the replacement value of the home is 690000 with an 80 coinsurance
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