your home is S250000, but the replacement cost of the structure is $190000, how much homeowner's insurance should you have? $60000 O $250000 O $190000 O $440000 Eimberly has a homeowner's insurance policy. Her home was broken into, and $5200 worth of possessions were stolen. If her leductible is $2200, how much coverage will her insurance company pay for the loss? O so $3000 O $5200 O $2200 orothy Taylor has a personal auto policy with coverage limits of 20/40/15. Dorothy has collision coverage witha $250 deductible ne runs a red light and causes an auto accident in which three people are injured. Each of them sues her for $19900 in personal injur nd $5000 for vehicle damage (there is no injury to Dorothy or her car). How much will Dorothy have to pay out of pocket, and how uch will her insurer pay?

your home is S250000, but the replacement cost of the structure is $190000, how much homeowner's insurance should you have? $60000 O $250000 O $190000 O $440000 Eimberly has a homeowner's insurance policy. Her home was broken into, and $5200 worth of possessions were stolen. If her leductible is $2200, how much coverage will her insurance company pay for the loss? O so $3000 O $5200 O $2200 orothy Taylor has a personal auto policy with coverage limits of 20/40/15. Dorothy has collision coverage witha $250 deductible ne runs a red light and causes an auto accident in which three people are injured. Each of them sues her for $19900 in personal injur nd $5000 for vehicle damage (there is no injury to Dorothy or her car). How much will Dorothy have to pay out of pocket, and how uch will her insurer pay?

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter20: The Problem Of Adverse Selection Moral Hazard

Section: Chapter Questions

Problem 3MC

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