Exam DISC-IA Practice Question 629
Study guide: Exam DISC-IA
One blanket limit of $900,000 covers two buildings, valued at $600,000 and $500,000 at the time of loss, with a 90% coinsurance percentage and a $2,000 deductible. A fire causes a $220,000 loss to the second building. How much does the insurer pay?
- A) $178,000
- B) $198,000
- C) $218,000
- D) $220,000
Answer this question and see the worked solution