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Mo. Ferrell, Jamie Lee and Ross's insurance Suggested a flood in surance policy in addition to their regular home owners policy. Jamie Lee and Ross looked quizzically at the agent, as they do not live within two miles of abody of water. What is the basis for Mr. Ferrells claim for the Necessity of the flood policy? @ Using Personal Financial Planner Sheet 207Home Inventory, create a record of belongings for Jamie Lee and Rosso Consider items of value that may be located in each of the rooms of the house and determine a dollar amount for eachiter. What is the total cost of the items? Consider the value of Jamie Lee's and Rossos qutomobiles, What type of automobile insurance coverage would you saygest for them? What financial Strategy would you suggest to Jamie Lee and Ross to enable them to save money on their premiums? Mo. Ferrell, Jamie Lee and Ross's insurance Suggested a flood in surance policy in addition to their regular home owners policy. Jamie Lee and Ross looked quizzically at the agent, as they do not live within two miles of abody of water. What is the basis for Mr. Ferrells claim for the Necessity of the flood policy? @ Using Personal Financial Planner Sheet 207Home Inventory, create a record of belongings for Jamie Lee and Rosso Consider items of value that may be located in each of the rooms of the house and determine a dollar amount for eachiter. What is the total cost of the items? Consider the value of Jamie Lee's and Rossos qutomobiles, What type of automobile insurance coverage would you saygest for them? What financial Strategy would you suggest to Jamie Lee and Ross to enable them to save money on their premiums