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Business, 11.05.2021 19:20 Tristabergeron5650
1. Martin and Carrie Jones insured their home and personal property under an unendorsed Homeowners 3 policy. The home has a current replacement cost of $300,000. The policy contains the following limits: Coverage A: $240,000 Coverage B: $24,000 Coverage C: $120,000 Coverage D: $72,000 The home was badly damaged in a fire, and the Jones family was forced to live in a motel for 60 days while their home was being rebuilt. Undamaged personal property was stored in a rental unit during the period of reconstruction. What dollar amount, if any, is payable under their Homeowners 3 policy for the following (ignore any deductible)
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1. Martin and Carrie Jones insured their home and personal property under an unendorsed Homeowners 3...
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