Let’s learn more about Will and Stephanie and help them determine what the best insurance options are for them.Will recently decided that he wants to live off campus next school year. He’s going to start looking for apartments in the next week. In the meantime, he wants to consider whether he needs renter’s insurance or not. Here’s some information about Will: •Things he owns that he’ll have with him next year: oLaptop ($1,500) Stereo ($500) oRecreation equipment ($500) oFurniture ($250) oMiscellaneous ($250) •Coverage Optionso Policy 1 - $4,000 of coverage, $20 a month (10% discount if he prepays a full year) oPolicy 2 - $3,000 of coverage, $18 a month (No discount if he prepays a full year) oPolicy 3 - $2,000 of coverage, $15 a month (10% discount if he prepays a full year) How much coverage should Will look for to protect all of his assets? A.$1,500 B.$2,000 C.$3,000 D.$4,000
Let’s learn more about Will and Stephanie and help them determine what the best insurance options are for them.Will recently decided that he wants to live off campus next school year. He’s going to start looking for apartments in the next week. In the meantime, he wants to consider whether he needs renter’s insurance or not. Here’s some information about Will:
•Things he owns that he’ll have with him next year:
oLaptop ($1,500)
Stereo ($500)
oRecreation equipment ($500)
oFurniture ($250)
oMiscellaneous ($250)
•Coverage Optionso
Policy 1 - $4,000 of coverage, $20 a month (10% discount if he prepays a full year)
oPolicy 2 - $3,000 of coverage, $18 a month (No discount if he prepays a full year)
oPolicy 3 - $2,000 of coverage, $15 a month (10% discount if he prepays a full year)
How much coverage should Will look for to protect all of his assets?
A.$1,500
B.$2,000
C.$3,000
D.$4,000
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