Janet needs to purchase property coverage on her downtown business building. The building is worth $150,000. The insurer has an insure-to-value (coinsurance) requirement of 80%. IfJanet purchases $80,000 of property coverage and the aggregate loss amount is $50,000, how much (should a loss occur) will the insurer pay? 

Answer rating: 100% (QA)

Given the information provided heres what you can expect Minimum Required Coverage The coinsurance r... View the full answer