Linda Kodama owns a frame home in zone 2 valued at $95,000. The building is insured for

Chapter 19, Problem 4

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Linda Kodama owns a frame home in zone 2 valued at $95,000. The building is insured for $60,000 and the policy has an 80% coinsurance clause. How much will Linda receive from her policy if a fire causes $38,000 in damages?

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