Mr. Ferrell, Jamie Lee and Rosss insurance agent, suggested a flood insurance policy in addition to their

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Mr. Ferrell, Jamie Lee and Ross’s insurance agent, suggested a flood insurance policy in addition to their regular homeowner’s policy. Jamie Lee and Ross looked quizzically at the agent, as they do not live within two miles of a body of water. What is the basis for Mr. Ferrell’s claim for the necessity of the flood policy?

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Personal Finance

ISBN: 9781260799736

13th Edition

Authors: Jack Kapoor

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