Assume Donna Thurman had a homeowners insurance policy with $100,000 of coverage on the dwelling. Would a
Question:
Assume Donna Thurman had a homeowner’s insurance policy with $100,000 of coverage on the dwelling. Would a 90% co-insurance clause be better than an 80% clause in such a policy? Give reasons to support your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Having a 90 coinsurance clause in a homeowners insurance policy would generally be better than an 80 ...View the full answer
Answered By
Shameen Tahir
The following are details of my Areas of Effectiveness. The following are details of my Areas of Effectiveness English Language Proficiency, Organization Behavior , consumer Behavior and Marketing, Communication, Applied Statistics, Research Methods , Cognitive & Affective Processes, Cognitive & Affective Processes, Data Analysis in Research, Human Resources Management ,Research Project,
Social Psychology, Personality Psychology, Introduction to Applied Areas of Psychology,
Behavioral Neurosdence , Historical and Contemporary Issues in Psychology, Measurement in Psychology, experimental Psychology,
Business Ethics Business Ethics An introduction to business studies Organization & Management Legal Environment of Business Information Systems in Organizations Operations Management Global Business Policies Industrial Organization Business Strategy Information Management and Technology Company Structure and Organizational Management Accounting & Auditing Financial Accounting Managerial Accounting Accounting for strategy implementation Financial accounting Introduction to bookkeeping and accounting Marketing Marketing Management Professional Development Strategies Business Communications Business planning Commerce & Technology Human resource management General Management Conflict management Leadership Organizational Leadership Supply Chain Management Law Corporate Strategy Creative Writing Analytical Reading & Writing Other Expertise Risk Management Entrepreneurship Management science Organizational behavior Project management Financial Analysis, Research & Companies Valuation And any kind of Excel Queries.
4.70+
16+ Reviews
34+ Question Solved
Related Book For
Personal Financial Planning
ISBN: 9781439044476
12th Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
Question Posted:
Students also viewed these Business questions
-
Assume that Mary Boyle had a homeowners insurance policy with $100,000 of coverage on the dwelling. Would a 90 percent co-insurance clause be better than an 80 percent clause in such a policy? Give...
-
Assume that Tina Walsh had a homeowner's insurance policy with $100,000 of coverage on the dwelling. Would a 90 percent co-insurance clause be better than an 80 percent clause in such a policy? Give...
-
Assume that Savannah Stone had a homeowners insurance policy with $200,000 of coverage on the dwelling. Would a 90 percent co-insurance clause be better than an 80 percent clause in such a policy?...
-
Mr. D. Duck, a sole trader has not maintained proper accounting records during the year. He provides you with bank statements that show payments to suppliers of 86,167. You determine that the opening...
-
The force on a wire carrying 6.45 A is a maximum of 1.28 N when placed between the pole faces of a magnet. If the pole faces are 55.5 cm in diameter, what is the approximate strength of the magnetic...
-
When audited financial statements are presented in a client's document containing other information, the auditor should a. Perform inquiry and analytical procedures to ascertain whether the other...
-
2. Develop a work breakdown structure.
-
Separate company financial statements for Pen Corporation and its subsidiary, Syn Company, at and for the year ended December 31, 2012, are summarized as follows (in thousands): ADDITIONAL...
-
What would be the effect of having no health insurance available? Question 9 options: The quantity of healthcare would be set at where the marginal benefit and marginal cost are equal. Excess demand...
-
Last year Charles and Kathy Price bought a home with a dwelling replacement value of $250,000 and insured it (via an HO-3 policy) for $210,000. The policy reimburses for actual cash value and has a...
-
Juan Espinoza and his wife, Isabel, have been married for 2 years and have a 1-year-old son. They live in Chicago, where Juan works for Mechanical Solutions Company. He earns $3,200 per month, of...
-
(a) Explain why there is no distinction between low and high-spin arrangements for an octahedral d 8 metal ion. (b) Discuss the factors that contribute to the preference for forming either a high- or...
-
Question 2 of 6 When can XWFs approve expenses on behalf of Google? If a Director has approved it. If your employer has approved it. XWFs cannot approve expenses on behalf of Google. If it's under...
-
Does the following table represent a valid discrete probability distribution? x 1 2 3 4 5 P ( X = x ) 0.11 0.06 0.25 0.41 0.51
-
Semester Two Practice Examinations, 2022 Question 1. [10 marks] Suppose X and Y have the joint probability mass function x 0 1 2 0 CO 0.175 0.105 1 0.18 0.075 C1 where CO and C are real numbers such...
-
Problem 7 (40 pts) Ethylene glycol (p=1096 Kg/m, C=2505 J/KgK, v=6.9x10-6 m/s, Pr=73.5) is pumped through a pipeline of diameter D=0.4 m that runs across a lake L=200 m wide. The bulk velocity and...
-
The number of fully formed apples on 100 plants was counted with the following results: 2 plants had 0 apples 5 plants had 1 apple 7 plants had 2 apples 11 plants had 3 apples 18 plants had 4 apples...
-
In lottery the player has to guess correctly r numbers that are drawn out of n numbers. The probability, P, of guessing m numbers out of the r numbers can be calculated by the expression: p =...
-
Consider the combustion of methanol below. If 64 grams of methanol reacts with 160 grams of oxygen, what is the CHANGE in volume at STP. 2CH3OH(g) + 3O2(g) 2CO2(g) + 4H2O(1) The volume decreases by...
-
Describe the major categories of income property, and explain the advantages and disadvantages of investing in income property. How can a single-family home be used to generate income?
-
Describe how the following securities allow investors to participate in the real estate market. a. Stock in real estaterelated companies b. Real estate limited partnerships (LPs) or limited liability...
-
Briefly describe the basic structure and investment considerations associated with a REIT. What are the three basic types of REITs?
-
What is the present value of $500 invested each year for 10 years at a rate of 5%?
-
GL1203 - Based on Problem 12-6A Golden Company LO P2, P3 Golden Corp.'s current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are...
-
A project with an initial cost of $27,950 is expected to generate cash flows of $6,800, $8,900, $9,200, $8,100, and $7,600 over each of the next five years, respectively. What is the project's...
Study smarter with the SolutionInn App