Question: Keith and Dena Diem have personal property coverage with a $250 limit on currency, a $1,000 limit on jewelry, and a $2,500 limit on gold,
Keith and Dena Diem have personal property coverage with a $250 limit on currency, a $1,000 limit on jewelry, and a $2,500 limit on gold, silver, and pewter. They do not have a personal property floater. If $500 in cash, $2,400 of jewelry, and $1,500 of pewterware were stolen from their home, what amount of loss would be covered by their homeowner's policy? If the Diems' deductible is $250, how much will they receive on their claim?
Step by Step Solution
3.38 Rating (164 Votes )
There are 3 Steps involved in it
Keith and Dena Diem personal property limits Item Amount Insurance Pays Amount ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
667-B-C-F-G-F (2677).docx
120 KBs Word File
