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Mariana [72]
2 years ago
8

What factors are considered when insurance companies decide what rates to charge you for homeowners insurance?

Business
1 answer:
posledela2 years ago
3 0

The cost of home and household insurance depends on many factors, including: Location, age and type of building. Building use (residential and/or commercial). Close to fire station. Choice of deduction amount. Availability of premium discounts. Insurance coverage and amount;

<h3>Why is insurance so important?</h3>
  • Health insurance: How to protect you from health and financial risks. Nobody plans on getting sick or hurt, but the majority of people will eventually require medical attention. Health insurance covers these costs and provides many other important services. Health insurance protects you from unexpectedly high medical bills.
  • Insurance is a financial safety net that helps you and your loved ones recover after something bad happens, such as an accident. B. Fire, theft, lawsuit or car accident.
  • An insurance policy is what you get when you buy insurance. This is a legal contract between you and your insurance company.
<h3>What does insurance mean?</h3>

An insurance company is a financial intermediary that provides direct insurance or reinsurance services, providing financial protection against possible future risks. A company that manufactures insurance products to take risks in exchange for premium payments. A company can be mutual (owned by a group of policyholders) or owned (owned by shareholders). (also known as insurance company or provider).

To learn more about insurance companies visit:

brainly.com/question/16996136

#SPJ4

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Answer: B. Charlotte

Explanation:

Preference is given to people that live with the dependent so this puts William at the least priority because he doesn't live with Autumn thereby leaving Charlotte and her mother.

Preference is then given to the biological parents of the dependent which means that Diana is has second priority. Charlotte is therefore the the most preferred to claim her daughter as a dependent which would allow her greater tax deductions.

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3 years ago
Assume for Guatemala that the domestic price of coffee without international trade is higher than the world price of coffee. Thi
Marina CMI [18]

Answer:

other countries have a comparative advantage over Guatemala in the production of coffee, and Guatemala will import coffee. 

Explanation:

This question is incomplete. Please check the attached image for a complete question.

A country has comparative advantage in the production of a good or service If it produces the good or service at a lower opportunity cost when compared to its trading partners.

The price of Guatemala's coffee is higher when compared to the world price of coffee without international trade. It shows that Guatemala doesn't have a comparative advantage in the production of coffee. Guatemala should stop producing coffee and import instead. This would enable Guatemala focus more resocurces on the production of good for which it has comparative advantage.

I hope my answer helps you

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4 years ago
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Alika [10]

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Follows are the solution to this question:

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Follows are the two ways of describing its high return:

Firstly, the mutual fund is invested in pretty unstable debt and is reciprocating with greater yields for taking a risk.

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