Why did Maggie not have flood insurance? Check all that apply.
What did you include in your response? Check all that apply.
What is most likely to happen to Maggie? Check all that apply.
What should Maggie do? Check all that apply.
What general conclusions can be drawn about Jordan's situation? Check all that apply.
What can be concluded from Jordan and Layla's experience? Choose all that apply.Jordan was protected under Layla's insurance policy since they are family membersJordan's decision to carry only liability insurance left him financially responsible for the damageLayla's comprehensive insurance likely would have covered the type of damage Jordan's car sustained.Jordon lacked collision coverage that would have helped him pay for his car repairs.Full coverage would have required him to pay more out of pocket after the accident.
Write a paragraph about the costs and benefits of having insurance.
Having insurance has both costs and benefits. A major cost is that policyholders must pay regular premiums, which can reduce the money available for other needs. Insurance may also include deductibles and other out-of-pocket expenses. However, insurance provides important financial protection when unexpected events occur, such as accidents, illnesses, theft, or property damage. By helping pay these large costs, insurance can prevent financial disaster and provide peace of mind.
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