Research and write an essay in which your respond tooneof the following prompts:

• What are the ethical responsibilities of a property owner when an insurance policy is in effect on the property? Does a small deductible clause in a policy make the property owner more or less likely to take precautions to prevent damage to the property?
• What is the purpose of an implied warranty of habitability? Is there an ethical obligation to provide such a warranty even if the state where the property is located does not require one? Why?

Your essay should be between 400 and 500 words in length. Make sure you support your argument with examples and evidence from the text or other reliable sources. You may want to look ahead to the sections in your text that cover property insurance.