Which of these people is MOST LIKELY to be offered a discounted rate on his or her homeowners or renters insurance policy? O A. a renter who has had coverage from the same insurance company for 25 years O B. a homeowner who just hosted a very profitable garage sale O C. a renter who just set up a graphic design business in a spare room O D. a homeowner who just bought a safe deposit box to store $50,000 worth of jewelry
Which of these people is MOST LIKELY to be offered a discounted rate on his or her homeowners or renters insurance policy? O A. a renter who has had coverage from the same insurance company for 25 years O B. a homeowner who just hosted a very profitable garage sale O C. a renter who just set up a graphic design business in a spare room O D. a homeowner who just bought a safe deposit box to store $50,000 worth of jewelry
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
![Il Pause
Which of these people is MOST LIKELY to be offered a
discounted rate on his or her homeowners or renters
insurance policy?
O A. a renter who has had coverage from the same
insurance company for 25 years
O B. a homeowner who just hosted a very profitable
garage sale
C. a renter who just set up a graphic design
business in a spare room
O D. a homeowner who just bought a safe deposit
box to store $50,000 worth of jewelry](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1f3111f4-7711-4622-a216-23d2c78e27ef%2Fea1f0dde-c050-47e2-991a-163345093ac8%2F232fdsz_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Il Pause
Which of these people is MOST LIKELY to be offered a
discounted rate on his or her homeowners or renters
insurance policy?
O A. a renter who has had coverage from the same
insurance company for 25 years
O B. a homeowner who just hosted a very profitable
garage sale
C. a renter who just set up a graphic design
business in a spare room
O D. a homeowner who just bought a safe deposit
box to store $50,000 worth of jewelry
![Read the passage and answer the following
question(s).
dis
ins
Homeowner and Renters Insurance: Protect Your Belongings
You may be able to save hundreds of dollars a year on
homeowners insurance by shopping around. You can also
save money with these tips:
Consider a higher deductible. Increasing your deductible by
just a few hundred dollars can make a big difference in your
premium.
Ask your insurance agent about discourks. You may be able
to get a lower premium if your home has safety features
such as dead-bolt locks, smoke detectors, an alarm system,
storm shutters or fire retardant roofing material. Persons
over 55 years of age or long-term customers may also be
offered discounts.
OD.
Insure your house NOT the land under it. After a disaster,
the land is still there. If you don't subtract the value of the
land when deciding how much homeowners insurance to
buy, you will pay more than you should.
Don't wait till vou have lor](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1f3111f4-7711-4622-a216-23d2c78e27ef%2Fea1f0dde-c050-47e2-991a-163345093ac8%2Fs62u4b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Read the passage and answer the following
question(s).
dis
ins
Homeowner and Renters Insurance: Protect Your Belongings
You may be able to save hundreds of dollars a year on
homeowners insurance by shopping around. You can also
save money with these tips:
Consider a higher deductible. Increasing your deductible by
just a few hundred dollars can make a big difference in your
premium.
Ask your insurance agent about discourks. You may be able
to get a lower premium if your home has safety features
such as dead-bolt locks, smoke detectors, an alarm system,
storm shutters or fire retardant roofing material. Persons
over 55 years of age or long-term customers may also be
offered discounts.
OD.
Insure your house NOT the land under it. After a disaster,
the land is still there. If you don't subtract the value of the
land when deciding how much homeowners insurance to
buy, you will pay more than you should.
Don't wait till vou have lor
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