SOLUTION: a store is worth $400,000 and insured for $240,000. assuming 80% coinsurance clause and a fire caused $100,000 damage, what is the liability of the insurance company?

SOLUTION: a store is worth $400,000 and insured for $240,000. assuming 80% coinsurance clause and a fire caused $100,000 damage, what is the liability of the insurance company?

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Question 971930: a store is worth $400,000 and insured for $240,000. assuming 80% coinsurance clause and a fire caused $100,000 damage, what is the liability of the insurance company?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
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