The deductible on a homeowners' insurance policy applies to

	a.	coverage on the house.
	b.	coverage on personal property.
	c.	liability coverage.
	d.	a and b
	e.	a, b, and c

Insurance is

		Paying someone to hold the speculative risk.
		Paying someone to hold none of the risk.
		Paying someone to hold all risk
		Paying someone to hold the pure or insurable ri