William Bennett Owns a Home in Tampa,Florida

question 93

Multiple Choice

William Bennett owns a home in Tampa,Florida.There was a fire in his home and he and his family had to move to a hotel until his home could be fixed.What part of his homeowner's insurance policy would cover the cost of the hotel?

• A)House and other structures
• B)Additional living expenses
• C)Personal property
• D)Personal liability
• E)Specialized coverage

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Definitions:

Stock Prices

The cost of purchasing a share in the ownership of a public company, reflecting its valuation and investor demand.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage rate.

Inflation Rate

The percentage increase in the price level of goods and services in an economy over a period of time.

Stock Prices

The monetary value of a share of a company's equity as traded on a stock exchange.