Problem
When Aisha's boyfriend Bennett proposed 10 years ago, he gave her an engagement ring worth $800. She immediately purchased a personal articles floater scheduling the ring and providing $800 in coverage, and she has renewed this coverage every year. Aisha and Bennett how have a homeowners policy that includes $75,000 of personal property coverage. The ring-now worth $1,900-is among the property items that were lost or damaged by a tornado. How much will Aisha recover for the lost ring under these two policies?