Business, 09.12.2021 03:20 Isabe11a

Dana owns a building that she purchased for $600,000. Its current replacement cost is $1.5 million. The building is covered up to $900,000 for fire-related perils by ZRP Insurance Company, with an 80% coinsurance provision and a $2,000 deductible. Last week, a fire broke out in the building, causing $800,000 in covered damage. What amount will ZRP Insurance Company pay for this loss

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Dana owns a building that she purchased for $600,000. Its current replacement cost is $1.5 million....