coinsurance

Re: coinsurance

by Jan Bradburn- -
Number of replies: 0
Hi Lacey I checked the question in the online course. It is showing the correct answer of $19,500. The correct answer: 19,500 The Question: Determine the amount of settlement if an insured has $40,000 insurance coverage on a building that is valued at $50,000. An 80% coinsurance applies. A $20,000 loss occurs. A $500 deductible applies. Jan