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Harry Joodini has insured his home for 85% of its replacement value of $185,000. Use the chart to determine the amount of coverage for loss of use to the nearest cent

Harry Joodini has insured his home for 85% of its replacement value of $185,000. Use the chart to determine the amount of coverage for loss of use to the nearest cent
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Harry Joodini has insured his home for 85% of its replacement value of $185,000. Use the chart to determine the amount of coverage for loss of use to the nearest cent

Harry Joodini has insured his home for 85% of its replacement value of $185,000. Use-example-1
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User Ubermonkey
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1 Answer

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Total coverage = 0.85 x 185,000 = $157,250

Coverage for Loss of Use = 0.25 x 157250 = $39,312.50
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User Johanandren
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