Insurance Answers

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1
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Why did Maggie not have flood insurance? Check all that apply.

A
Storms in her region are highly unlikely.
B
She wanted to pay for repairs with her own money.
C
She felt she needed to save money.
D
She may have misunderstood her basic homeowners policy.
E
Her expenses were already high before paying for insurance.
2
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Having insurance can cost a lot of money. It can cut into your monthly income and make it hard to pay for other things. However, not having insurance can lead to financial disasters if unexpected events happen. What did you include in your response? Check all that apply.at least one cost of insuranceat least one benefit of insurance

A
at least one cost of insurance
B
at least one benefit of insurance

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