Which of the Following Actions Is a Suggestion to Reduce

question 8

Multiple Choice

Which of the following actions is a suggestion to reduce your homeowner's insurance?

• A)Install better locks or a security system.
• B)Make prompt small claims against your policy.
• C)Eliminate your deductible all together.
• D)Decrease your liability coverage.

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Definitions:

Co-Tenants

Co-tenants are individuals who share ownership or rental rights to a property, usually with equal rights and obligations under the law.

Rent-Sharing Agreement

An arrangement where income generated from a property is shared between the owner and another party, often in proportion to their contributions or roles.

Monthly Rental

is a periodic payment made by a lessee to a lessor for the use of property, land, or equipment, typically paid once a month.

Deprive Possession

The act of taking away or denying someone's access or ownership of property or an object.