A person would most likely be able to justify the added cost of flood insurance in which situation?A.The person plans to move to an area far from the coast.B.The person lives in an area that experiences hurricanes.C.The person has homeowner's insurance that covers floods.D.The person is in poor health and often goes to the hospital.

People would most likely be able to justify the added cost of liability insurance in which situation?A.They own a business that could be the target of lawsuits.B.They have health problems and are often forced to miss work.C.They have a law degree and can defend themselves in court.D.They live in an area that often experiences hurricanes.SUBMITarrow_backPREVIOUS

Question 5One of the main reasons why many homeowners did not have flood insurance before the advent of Hurricane Katrina in 2005 was:0 / 1 pointInsurance premiums in Louisiana went up by 70% between 1997-2005, causing many people to cancel their insurance.Many homeowners were not aware that flood insurance existed in the first place.Homeowners thought that the likelihood of a flood was too low to justify buying a flood insurance.Many homeowners were relying on the government instead.

A print ad for flood insurance lists 20 reasons why every homeowner should have flood insurance. This is an example of _____ advertising.Group of answer choicesteasercomparativestraight-selltransformation

Which factor would most likely increase the risk of being underinsured?A.Having a low limit of liabilityB.Purchasing the maximum coverageC.Reducing the number of policy exclusionsD.Having a history of making claims in the pastSUBMITarrow_backPREVIOUS

What is a factor that does NOT affect the cost of homeowner’s insurance? aBrick structure bLocation cCertain dogs, trampolines, and swimming pools dNumber of people living in the home