An insured has a homeowners policy and suffers a direct loss causing the insured to seek other living arrangements. the insured's normal househould expense is $500 per month. however the new arrangements cost is $700 per month. how much will the insured collect monthly from the homeowners policy?

An insured has a homeowners policy and suffers a direct loss causing the insured to seek other living arrangements. the insured's normal househould expense is $500 per month. however the new arrangements cost is $700 per month. how much will the insured collect monthly from the homeowners policy?



Answer: $200

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