Question

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

Answer 1

CDE are the answers to this question.

Answer 2

The correct answer is C, D, E.

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.

Flood insurance it has specific insurance coverage which is to insure for a property if lost from flooding.

Insurers first they check from topographical map so as to know the floodways which are susceptible for flooding, flood plains and low lands.

Number of claimants is larger in flood insurance than those who are interested protect their property.