Business, 22.06.2021 16:10 madelynlittle5399

Ken's home has a replacement value of $200,000. Ken insured the home for $150,000 under an unendorsed Homeowners 3 policy. The roof of Ken's home was damaged by a windstorm. The replacement cost of the damaged roof is $16,000. The actual cash value of the loss is $12,000. How much will Ken receive from his insurer to settle this claim

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Ken's home has a replacement value of $200,000. Ken insured the home for $150,000 under an unendorse...