Sally just purchased a beautiful home on a riverbank for what she thought was a very good deal. She later learned that her house was very susceptible to flood damage during the rainy season. Which of the following statements best describes the effect the location of Sally's new home will have on her homeowners insurance premium? a. Financial loss due to flood damage is likely. Her insurance premiums will be higher than homes not on the waterfront. b. Since floods are likely, the value of the home decreases significantly, lowering the insurance premium at the same time. c. Since floods happen so infrequently, they are not considered a real threat to the value of the home. Sally's insurance premium will not be affected. d. While extremely annoying, flood damage is usually inexpensive and will not affect the value of the home. Sally's insurance premium should not be affected.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Sally just purchased a beautiful home on a riverbank for what she thought was a very good deal. She later learned that her house was very ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
How many lines of symmetry are found in a regular polygon with 40 sides?
Answers (1)
Which rectangular equation is equivalent to the polar equation r csc theta=8?
Answers (1)
Charlie is evaluating the product of 0.09 and 0.05. He multiplies, and before placing the decimal, arrives at an answer of 45. After considering the decimal placement, what is Charlie's final answer? 0.0045
Answers (1)
The sum of three numbers is 130. The third number is 3 times the first
Answers (2)
what might you consider when deciding whether to use rounding or compatible numbers to estimate? explain
Answers (1)
New Questions in Mathematics
If f (x) = - 8x+4, then f^-1 (x) = ?
Answers (1)
How many 2/5 cup servings are in 9/5 cups of ice cream? (in simplest fraction form) A) 1/2 B) 2/9 C) 5/2 D) 9/2
Answers (2)
Why is it important to be able represent functions as tables, graphs, algebraic ally and verbally?
Answers (1)
What is the difference in the length between a 1-1/4-inch button and a 3/8-inch button?
Answers (1)
Find (t2-4t-4) + (7t2+12t+3). The sum is.
Answers (2)