4
InstructionMultiple Choice

Homeowners Insurance

Question 4 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Which of the following is something that will not affect your homeowners insurance premium?

Answer
A
the distance of the home from a school
B
the distance of the home from a flood plain
C
the distance of the home from a fire station
D
the distance of the home from a fire hydrant

Explanation

The distance from a school generally does not determine a homeowners insurance premium. Insurers may consider how close a home is to a flood plain, fire station, or fire hydrant because those factors can affect the risk of damage or how quickly a fire can be handled. So the correct choice is “the distance of the home from a school.”

AI-written and checked against the verified answer.

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