Suppose your garage and gardening were recently damaged by a thunderstorm. The buildings were built 4 years ago for $9,000, were expected to have a useful life of 12 years, and if built today would cost $12,000. Actual cash value, rather than, replacement cost coverage is carried on the structures, and the insured carries a $0 deductible. What is the maximum compensation available under your homeowner's policy for this loss? O $12,000 0 $9,000 O $3,000 O $6,000 Which of the following describes a strategy that could increase your liability coverage? O Purchasing a personal liability umbrella policy O Decreasing Part E limit on your policy O Purchasing an earthquake or flood Insurance policy Regarding basic homeowners Insurance coverage, identify policy modifications that could provide better protection during periods of inflation. Check all that apply. Which of the following describes a strategy that could increase your liability coverage? Purchasing a personal liability umbrella policy Decreasing Part Elimit on your policy O Purchasing an earthquake or flood insurance policy Regarding basic homeowners Insurance coverage, Identity policy modifications that could provide better protection during periods of Inflation Check all that apply D Add earthquake coverage Increase the coverage on your scheduled personal property Increase the coverage on the dwelling to 100% of its replacement cost Add on Intlotion rider Increase the coverage on your home computer cruipment Add flood coverage