Rowena has a $150,000 basic homeowner's insurance policy with a $1,000 deductible on her house. Since she purchases no additiona

Question

3 years ago

5

Rowena has a $150,000 basic homeowner's insurance policy with a $1,000 deductible on her house. Since she purchases no additiona

l riders for jewelry, flooding, etc., her premium payment is $100 per month. If a family heirloom ring worth $100,000 is stolen from the home, how much is the insurance company obligated to pay for this claim?

Social Studies

2 answers:

Zina [86] · Answer 1 · 2022-08-16T18:20:26+03:00

Zina [86]3 years ago

8 0

the insurance company is obligated to pay $1,000 for this claim.

tatuchka [14] · Answer 2 · 2022-08-16T19:56:17+03:00

tatuchka [14]3 years ago

3 0

It is $0, because Rowena has no riders for jewelry (her jewelry is not covered).