Is personal property typically insured under a homeowner’s insurance policy? If so, are there limits to the coverage of personal property? What is a home inventory?
Answer to relevant QuestionsWhat is a personal property floater? What is the difference between scheduled and unscheduled floaters? How is renter’s insurance different from homeowner’s insurance? Who should consider purchasing renter’s insurance? Briefly describe some of the provisions of a renter’s insurance policy. What do policy limits of 25/ 50/ 25 mean? Do you think the minimum amounts of liability insurance required by your state are suitable for all drivers? Explain your answer. What is a flexible spending account? Why do some individuals allocate a minimal amount to this account? What is private health insurance? Briefly describe some types of private health insurance coverage.
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