Louie realizes that his homeowners insurance covers water damage, but he does not report his recent water damage to the insurer even though the cost of repairs exceeded his $$500$ deductible. Friends said he should have reported the claim, but Louie was afraid the insurer would not renew his policy if it thought he had plumbing problems. Since Louie is not wanting to report homeowners claims of this nature, he should seriously consider

$($Search Chapter $2)$

a$.$ a policy that covers fewer perils.

b$.$ flood insurance.

c$.$ increasing his policy's deductible.

d$.$ reducing his policy limit$.$