Connie and Sam's Detached Garage Was Recently Destroyed by a Tornado.Their

question 83

Multiple Choice

Connie and Sam's detached garage was recently destroyed by a tornado.Their house was insured for $135,000,and the detached structures coverage was 10 percent of the insured value of the home.The loss to the garage was valued at $15,000.The insurance company would pay ____ less the deductible on this loss.

• A)$15,000
• B)$14,250
• C)$12,000
• D)$13,500

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Definitions:

Actual Damage

Real, specific harm or loss suffered by an individual or entity, as opposed to hypothetical or potential harm.

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