Question: Coffee Dog, a local coffee shop, has BPP coverage with Special Form Causes of Loss. A storm occurs and causes a covered loss. Limits of
Coffee Dog, a local coffee shop, has BPP coverage with Special Form Causes of Loss. A storm occurs and causes a covered loss. Limits of insurance on the building are $10,000 and on the personal property are $5,000. The deductible is $1,000. The loss to the building is $12.000 and the loss to the personal property is $1.000. Assume no coinsurance and the losses are from one occurrence. What is the total amount payable on the loss? Maximum number of characters (including HTML tags added by text editor): 32,000 Show Rich-Text Editor (and character count)
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