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Insuring While Away at College Kim's son, Albert, is a college student living in a campus dormitory. He drives a car that she parks on

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Insuring While Away at College Kim's son, Albert, is a college student living in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full value is insured. Which of the following statements regarding Albert's insurance needs are true? Check all that apply. He should tell the insurance agency that he parks in a garage to save money on premiums Albert should purchase an H0-4 broad form insurance policy because he is not covered under his parents' policy. His property is covered up to 10% of the coverage on the home Insuring a Condominium Kim's parents own a condominium that they fully insured for the replacement value of $240,000. Last year a portion of their roof collapsed due to the weight of snow after a severe storm, rendering the condo uninhabitable for the month that it took to complete repairs. Based on the coverage details of their condominium form insurance policy, the additional living expenses they incur as a result of the damage (such as the cost of staying in a hotel during the repairs) Insuring While Away at College Kim's son, Albert, is a college student living in a campus dormitory. He drives a car that she parks on the street and wants to make sure the full value is insured. Which of the following statements regarding Albert's insurance needs are true? Check all that apply. He should tell the insurance agency that he parks in a garage to save money on premiums Albert should purchase an H0-4 broad form insurance policy because he is not covered under his parents' policy. His property is covered up to 10% of the coverage on the home Insuring a Condominium Kim's parents own a condominium that they fully insured for the replacement value of $240,000. Last year a portion of their roof collapsed due to the weight of snow after a severe storm, rendering the condo uninhabitable for the month that it took to complete repairs. Based on the coverage details of their condominium form insurance policy, the additional living expenses they incur as a result of the damage (such as the cost of staying in a hotel during the repairs)

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