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Keith and Nancy Diem have personal property coverage with a $250 limit on currency, a...

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Accounting

Keith and Nancy Diem have personal property coverage with a $250 limit on currency, a $1,000 limit on jewelry, and a $2,500 limit on gold, silver, and pewter. They do not have a personal property floater. If $500 cash, $2,400 of jewelry, and $1,500 of pewterware were stolen from their home, what amount of loss would be covered by their homeowner's policy? If the Diems' deductible is $250, how much will they receive on their claim? The amount of loss covered by the Diems' homeowner's policy is

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