Calculate The Amount To Be Paid In By The Insurance Company For The Claim Round Your Answer To The Nearest Cent 1 (40.32 KiB) Viewed 15 times
Calculate the amount to be paid (in $) by the insurance company for the claim. (Round your answer to the nearest cent.) Replacement Value of Building Face Value of Policy Coinsurance Clause (%) Amount of Loss Amount of Loss Insurance Company Will Pay $340,000 $300,000 90 $115,000 $
A company has a property insurance policy with an annual premium of $1,310. In recent months, the company has filed four different claims against the policy: a fire, two burglaries, and a vandalism incident. The insurance company has elected to cancel the policy, which has been in effect for 310 days. What is the regular refund due (in $) to the company? (Round your answer to the nearest cent.) $
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