6. Homeowners Insurance Eva's house has recently burned down. Luckily she has a
homeowners insurance policy in which
the house was insured for $150,000. The
homeowners policy provides coverage for
personal belongings up to 55 percent of
the insured value of the house. Eva's lost
household items include $25,000 of furniture,
$10,000 of appliances, $5,000 of electronics,
and $3,500 of other items. How much is Eva
covered for under her policy for household
items? Will she recover all of her losses? If not,
how much of the loss will not be covered?