Khald has purchased insurance for his home with four different companies, Company A covers 3488, Company B covers 3055,
Posted: Sun Jun 05, 2022 10:53 am
Khald has purchased insurance for his home with four different companies, Company A covers 3488, Company B covers 3055, Company C covers 4445 and Company d covers 2887. Assuming the insurers follow a pro-rata liability method, how much will company B pay it a loss of 7588 occurs?