I t lim an insure m umobligation to theproportion of the its r"s axim loss that theinsure policy lim be to thesumof all r"s it ars applicablepolicy...

I t lim an insure m umobligation to theproportion of the its r"s axim loss that theinsure policy lim be to thesumof all r"s it ars applicablepolicy lim its. Assum that the arethre police cove thesam loss and the e re e s ring e loss am ount is $150,000. Theam ount what would bepayableunde e policy in the r ach abse of othe insurance nce r Assum that the arethre police cove thesam loss and the e re e s ring e loss am ount is $150,000. What if theloss am ount is $60,000? Each insure contribute e r s qual am ount until it has paid its applicablelim of insuranceor noneof theloss re ains, whiche r it m ve com s first. What is theloss am ount is $400,000?