Drake's Bakery sustained a fire loss of $2,260,000. They had multiple carrier fire insurance coverage on the building in the amount of $9,120,000. The coverage was: $3,465,600 policy held by Colonial, $2,736,000 policy held by The Hartford, and $2,918,400 policy held by Continental. Which of the three companies were responsible for $723,200 of the loss?

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The Answer of Drake's Bakery sustained a fire loss of $2,260,000. They had multiple carrier fire insurance coverage on the building in the amount of $9,120,000. The coverage was: $3,465,600 policy held by Colonial, $2,736,000 policy held by The Hartford, and $2,918,400 policy held by Continental. Which of the three companies were responsible for $723,200 of the loss?

Drake's Bakery Sustained a Fire Loss of $2,260,000