Sharon's home is covered under a Homeowners insurance policy in North Carolina. She has also purchased the "Refrigerated Property Coverage" endorsement to be attached to her policy. Sharon wisely purchased this endorsement because she has a large extended family that comes to her home on weekends for her home-cooked meals and she stores expensive cuts of meat in her freezer. One Friday morning Sharon goes to the freezer to pull out several pounds of Italian sausage to begin cooking for the weekend. When she opens the freezer a horrid smell fills her home and she realizes that her freezer has stopped working and all of her meat is spoiled. After collecting her receipts, Sharon submits a claim for the meat that totals $382. How much will the insurance company pay Sharon?
