Question

Carmen Viers lost everything to a fire and has spent the last eight weeks living in a motel room at a cost of ​$9 comma 954. Her​ dwelling, which was destroyed as a result of a lightning​ strike, was insured with an​ HO-2 policy for ​$436 comma 280. Prior to the​ loss, her home was valued at ​$487 comma 000​, her detached garage and poolhouse were valued at ​$50 comma 751​, and her personal property had an actual cash value of ​$165 comma 280. To make matters worse she sustained​ $10,000 in injuries while​ trying, unsuccessfully, to save her three Greyhound dogs valued at​ $6,000 each. How much of her total losses and expenses will be reimbursed if she has a​ $1,000 deductible? The amount of total losses and expenses she will be reimbursed if she has a​ $1,000 deductible is ​$ nothing.  ​(Round to the nearest​ dollar.)

Answer 1