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Category > Business & Finance Posted 03 Aug 2017 My Price 6.00

The Lincoln Saltdogs is a professional minor league baseball team in the American Association

The Lincoln Saltdogs is a professional minor league baseball team in the American Association league. The clubhouse is insured for $600,000 under a commercial property insurance policy with an 80 percent coinsurance clause. The current replacement cost of the clubhouse is $1 million. After a playoff game for the league championship, a whirlpool tub for the players shorted out, and a fire ensued. The clubhouse sustained a $100,000 fire loss. Ignoring any deductible, how much will the team’s insurer pay for the loss?

 

Answers

Alpha Geek
(8)
Status NEW Posted 03 Aug 2017 05:08 PM My Price 6.00

The----------- re-----------bui-----------ld -----------val-----------ue -----------of -----------the----------- cl-----------ubh-----------ous-----------e =----------- $1-----------,00-----------0,0-----------00 -----------The----------- cl-----------ubh-----------ous-----------e i-----------s i-----------nsu-----------red----------- at----------- = -----------$60-----------0,0-----------00 -----------Coi-----------nsu-----------ran-----------ce -----------=80-----------% =----------- $1-----------,00-----------0,0-----------00*-----------0.8----------- = -----------$80-----------0,0-----------00,----------- ho-----------wev-----------er,----------- th-----------e c-----------oin-----------sur-----------anc-----------e

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