Outline the considerations for choosing the amount of homeowner's insurance you need
What will be an ideal response?
Answer: Purchase enough homeowner's insurance to cover:
-the replacement value of your home in the event of a complete loss
-the effects of inflation eroding away your coverage
-flood and earthquake damage if you are in such an area
-detached structures or elaborate landscaping
-home office for business and professional use
-all of your personal property
-for most people replacement cost is a good idea
-valuable possessions that need special protection need a floater
-assets that are much greater than the liability limits on your present policy
-personal property when you are renting
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________ trust exists whenever people believe that another person will behave as promised out of fear of
getting punished. A) Interrogative B) Identification-based C) Calculus-based D) Coercive