58-61

74 75 76 QUESTION 58 In order for a potential loss to be insurable it must be a. expected. b. fortuitous and financial. c. catastrophic. QUESTION 59 a new home, you should add an additionalpercent to the monthly payment on the loan for such things as homeowner's insurance, property taxes, maintenance, and upkeep. a. 25 to 35 o b.45 to 55 c.55 to 60 Od.35 to 45 QUESTION 60 requirement, a homeowner must insure his or her home for at least 80 percent of its replacement value. To meet the rep a. False b. True QUESTION 61 Over 70 percent of homes have a mortgage. a. True b. False Click Save and Submit to save and submit. Click Save All Answers to save all