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Assignment: Chapter 10 Protecting Your Property 5. Types of homeowner's insurance polleles Insuring a standard Home francm is the ownnt of a 2 -year-old home,

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Assignment: Chapter 10 Protecting Your Property 5. Types of homeowner's insurance polleles Insuring a standard Home francm is the ownnt of a 2 -year-old home, and is looking to buy a homeowners insurance pelicy. she is primarily concerned wath protection from istaidord property dameging peris that she hes no way of preventing, such as those due to fire, wandalsm, windstorms, and so on, and leas concerned about those that she feeis she can prtvent throvgh thequent maintenonce (such as darnage caused by makunctioning of intemal structurns Whe ai conditoring ar plumbing). Based on the penl coverage It offers, she purchases an insurance pelicy. Her home has a resiacement value of $560,000, therefore she insures her home for the iminsimun iegN requirement of Assuming the does tot purtiase avy adorional coverage berond the legal minmums, complete the foligwing tabie indicaang the maximam doilar value of reimpeusement the can recelve for each of the foliewing: Iniuring While Away at College Charicer s san, Dmith, is a colege student living in a caimpes commitory, lie dnives p car that sha garks on the strett and wants to make sure the fum value is insures. Which of the following statements regaeding Dmatiy ifwhance needs are true? Creck al chat appor: 5. 7ypes of homeowner's insurance pollicies Insuring a stantard Heme Francer is the pwner of a 2yynarapld home, and is lookene be bur a hecheowner's incuracice policy she is primaniy cancerned with grotection fram Bfancard brejerty damaging perits that she has no way of preventing, wuch as these tue to fire, vasdaliam, windstorms, and so on, and less concerned apout those that she feets the can prevent through froquent maintenance (such as damage caused by malfunctioning of internal structures we ar condeioning or plumbingl. Based on the peril ceverage it offers, the purchases an instarares policy. Her homin k os a replscement valun of 5300,000, the efore stie insures her home for the an Ho-3 legal reguirement of Assuming stie reimbursement whe can monive for wach of the following Intwaring While Away at coliege Franceis san, Denith, is a coliege student diving in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full snlue is insared. Which of the foliowing statements regerding Omitriss insurance needs are trun? check ad that aoply: Diniti dheuld purthare an to-s oroad form insuranch pedcy decause be is not obvered under his parents' policy. Hr shechd teil the insurance apency that he parks in a garage to stue money on premiarta He progerty is covwied sin to towe af the covnezpen an the home Insuring a Condeminiam phaping in in hotsl e aring the bepairs) Assignment Chapter to Protecting Your Property Inauring While Awey at College Yolue is inmured. Which of the tofilowing statemects regarding Dinitri insurante needs arn true? Ehect an fhut abphy. te thould teil the inturance agency that he parka in a garage to swe mocivy an ecemiums Wis erbperty in cavesit up to 10% af the overage bi the beme Insuring a Condemindum Year a gortion of their roef ceilapsed due te The etight of shan after a severe eti ompiete repairk. Based an the coveraga deta is of the chintionnuim forin. Assignment: Chapter 10 Protecting Your Property 5. Types of homeowner's insurance polleles Insuring a standard Home francm is the ownnt of a 2 -year-old home, and is looking to buy a homeowners insurance pelicy. she is primarily concerned wath protection from istaidord property dameging peris that she hes no way of preventing, such as those due to fire, wandalsm, windstorms, and so on, and leas concerned about those that she feeis she can prtvent throvgh thequent maintenonce (such as darnage caused by makunctioning of intemal structurns Whe ai conditoring ar plumbing). Based on the penl coverage It offers, she purchases an insurance pelicy. Her home has a resiacement value of $560,000, therefore she insures her home for the iminsimun iegN requirement of Assuming the does tot purtiase avy adorional coverage berond the legal minmums, complete the foligwing tabie indicaang the maximam doilar value of reimpeusement the can recelve for each of the foliewing: Iniuring While Away at College Charicer s san, Dmith, is a colege student living in a caimpes commitory, lie dnives p car that sha garks on the strett and wants to make sure the fum value is insures. Which of the following statements regaeding Dmatiy ifwhance needs are true? Creck al chat appor: 5. 7ypes of homeowner's insurance pollicies Insuring a stantard Heme Francer is the pwner of a 2yynarapld home, and is lookene be bur a hecheowner's incuracice policy she is primaniy cancerned with grotection fram Bfancard brejerty damaging perits that she has no way of preventing, wuch as these tue to fire, vasdaliam, windstorms, and so on, and less concerned apout those that she feets the can prevent through froquent maintenance (such as damage caused by malfunctioning of internal structures we ar condeioning or plumbingl. Based on the peril ceverage it offers, the purchases an instarares policy. Her homin k os a replscement valun of 5300,000, the efore stie insures her home for the an Ho-3 legal reguirement of Assuming stie reimbursement whe can monive for wach of the following Intwaring While Away at coliege Franceis san, Denith, is a coliege student diving in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full snlue is insared. Which of the foliowing statements regerding Omitriss insurance needs are trun? check ad that aoply: Diniti dheuld purthare an to-s oroad form insuranch pedcy decause be is not obvered under his parents' policy. Hr shechd teil the insurance apency that he parks in a garage to stue money on premiarta He progerty is covwied sin to towe af the covnezpen an the home Insuring a Condeminiam phaping in in hotsl e aring the bepairs) Assignment Chapter to Protecting Your Property Inauring While Awey at College Yolue is inmured. Which of the tofilowing statemects regarding Dinitri insurante needs arn true? Ehect an fhut abphy. te thould teil the inturance agency that he parka in a garage to swe mocivy an ecemiums Wis erbperty in cavesit up to 10% af the overage bi the beme Insuring a Condemindum Year a gortion of their roef ceilapsed due te The etight of shan after a severe eti ompiete repairk. Based an the coveraga deta is of the chintionnuim forin

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