Question: Donna owns a house with a fair market value of $500,000. She purchases $300,000 of insurance with a coinsurance requirement of 80%. If Donna's house

Donna owns a house with a fair market value of $500,000. She purchases $300,000 of insurance with a coinsurance requirement of 80%. If Donna's house is hit by a tornado and suffers a $150,000 loss, what will the insurer pay?

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Question: Donna owns a house with a fair market value of $500,000. She purchases $300,000 of insurance with a coinsurance requirement of 80%. If Donna's house

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