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Homeowners Insurance Karen, a first time home buyer, just bought a previously owned townhouse. Discuss two (2) factors that Karen should consider as she purchases

Homeowners Insurance

  • Karen, a first time home buyer, just bought a previously owned townhouse. Discuss two (2) factors that Karen should consider as she purchases a homeowner's insurance policy. Provide two (2) examples of types of homeowners insurance available to Karen to support your rationale.
  • Describe at least two (2) types of loss that can occur that a standard homeowners insurance policy does not cover. Recommend specific add-ons to the standard insurance policy that you believe would cover the types of losses that you have described.

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