Find the amount paid by each of the multiple carriers.
-The Robinson Company had an insured fire loss of $708,000. It had insurance coverage as follows: Company A, $725,000; Company B, $500,000; and Company C, $200,000. Find the amount paid by
Each carrier assuming that the coinsurance requirement had been met.
A) $364,350.88, $252,561.40, $91,087.72
B) $358,140.35, $244,280.70, $105,578.95
C) $362,280.70, $258,771.93, $86,947.37
D) $360,210.53, $248,421.05, $99,368.42
Correct Answer:
Verified
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