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pentagon [3]
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]3 years ago
8 0

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

tatuchka [14]3 years ago
3 0

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

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