Oxdale Kennels has insured its building with multiple companies for a total of $1,149,000, of which $976,650 is with Nationwide. Assuming that all coinsurance requirements have been met, how much would Nationwide be responsible for in the event of a $205,000 fire?

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The Answer of Oxdale Kennels has insured its building with multiple companies for a total of $1,149,000, of which $976,650 is with Nationwide. Assuming that all coinsurance requirements have been met, how much would Nationwide be responsible for in the event of a $205,000 fire?

Oxdale Kennels Has Insured Its Building with Multiple Companies for a Total