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mihalych1998 [28]
1 year ago
14

The use of insurance credit scoring is more common with the sale of homeowner's insurance coverage than it is with automobile in

surance coverage. Question 2 options: True False
Business
1 answer:
laiz [17]1 year ago
8 0

True.

Your credit score plays an important role in the homeowner's insurance premium you pay once you purchase a home. That's because insurance companies use information in your credit report to calculate an insurance score.

A higher credit score decreases your car insurance rate, often significantly, with almost every company and in most states. Getting a quote, however, does not affect your credit. Your credit score is a key part of determining the rate you pay for car insurance.

Although some insurance companies still look at your actual credit report, most insurance companies using credit information are using a “credit score.” A credit score is a snapshot of your credit at one point in time.

Learn more about homeowner's insurance coverage at

brainly.com/question/2241511

#SPJ4

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After cooking food that must sit for a little while before being consumed, Sherry is aware that the food must remain at a certai
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140°F

Explanation:

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Research that examined how the National Korean Police operates and the factors that influence its operational police would be co
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3 years ago
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Martin transfers real estate with an adjusted basis of $260,000 and fair market value of $350,000 to a newly formed corporation
katrin [286]

Answer:

$40,000

Explanation:

We can calculate recognized gain on the transfer and basis for his stock just by deducting adjusted basis value from liability on the transfered real estate.

Calcuation

iability on the transfered real estate        $300,000

less: adjusted basis value                       ($260,000)

Gain recognized                                        $40,000

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2 years ago
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Almost all union members pay dues. A union member has $5.50 deducted from his paycheck each week for union dues, and has done so
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Jen bought 100 shares of ABC stock at $15 a share on July 14, 2017. On August 7, 2018, she noticed that the stock had increased
Lubov Fominskaja [6]

Answer:

The revenue from the sale treated as a long term capital gain on her 2018 income tax return

Explanation:

capital gain = (100*20) - (100*15)

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tax rate on long term capital gain for 22% = 15%

tax on capital gain = $500*15%

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Therefore, The revenue from the sale treated as a long term capital gain on her 2018 income tax return

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