Question

Carmen Viers lost everything to a fire and has spent the last eight weeks living in a motel room at a cost of ​$3,737 . Her​ dwelling, which was destroyed as a result of a lightning​ strike, was insured with an​ HO-2 policy for ​$218,751 . Prior to the​ loss, her home was valued at ​$261,000 ​, her detached garage and poolhouse were valued at ​$29, 725 ​, and her personal property had an actual cash value of ​$75,975 . 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​ $1,000 deductible is ​$________ .   ​(Round to the nearest​ dollar.)

Answer 1