Application Time! Sam (Jessica's husband) home has a replacement value with a deductible. A couple of years ago he insured his hame and the coverage never increased, even though the policy required coverage of 80% of the replacement cost. Last month, he had a kitchen fire, which caused damages. How much will he hove to pay out of pocket? A3 Deductible Amount of Insurance Actually Carried \% Percentage Amount Needed Replacement Value $150,000,00 800% Application Time! Sam (Jessica's husband) home has a replacement value with a deductible. A couple of years ago he insured his hame and the coverage never increased, even though the policy required coverage of 80% of the replacement cost. Last month, he had a kitchen fire, which caused damages. How much will he hove to pay out of pocket? A3 Deductible Amount of Insurance Actually Carried \% Percentage Amount Needed Replacement Value $150,000,00 800%