Thank you for visiting You insure your home for 125 000 You want to add coverage on the contents so you take 55 on the contents How much coverage. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
The amount of coverage that you will have on the contents of your home would be = $68,750
How to calculate the amount of coverage for contents of your home?
The total amount of money that was insured for the house = $125,000
The percentage of insurance that was left for the contents of the house = 55% of insurance.
That is;
= 55/100 × $125,000
= 6875000/100
= $68,750.
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