A property with a co-insurance clause has a value of $200,00 and covered by a policy with a $160,000 limit. If there is a loss in the amount of $45,000, how much will be paid?

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A property with a co-insurance clause has a value of $200,00 and covered by a policy with a $160,000 limit. If there is a loss in the amount of $45,000, how much will be paid?

a. $30,000

b. $37,500

c. $45,000

d. $22,500

Answer: c

The above question A property with a co-insurance clause has a value of $200,00 and covered by a policy with a $160,000 limit. If there is a loss in the amount of $45,000, how much will be paid?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.