I have taken all the units and quiz's and reviewing the course before taking the exam. On the Coinsurance topic, the question is, "What if Dave's home would have been a total loss and the cost to rebuild was $200,000. Using the same scenerio....How much would the company pay on an unendorsed policy? $160,000 policy limit...My question is, it states using the same scenerio. Policy limit is $150,000 in this scenerio, so, why is this answer of $160,000???? Shoudn't it be the limit of policy $150,000.
James,
Thanks for pointing this out. I will investigate and see if the difference is a result of a typo. I'll re-post when I find out.
Jan