Exam DISC-IA Practice Question 615
Study guide: Exam DISC-IA
A building worth $400,000 at the time of loss is insured for $200,000 under the BPP with an 80% coinsurance percentage and a $1,500 deductible. A vandal causes $2,400 of damage. How much does the insurer pay?
- A) $0
- B) $562.50
- C) $900
- D) $2,400
Answer this question and see the worked solution