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The statement that the premiums paid on homeowner's insurance policies is affected by the type of structure and location, is TRUE.
There are several things that affect the premiums that people pay homeowner's insurance policies and one of them is the type of structure. Larger buildings will cost more premiums.
There is also the location of the building. When a building is located in an area that may be at more risk of something such as robberies, then the homeowner's insurance policies will charge a higher premium.
Find out more on homeowner's insurance policies at https://brainly.com/question/27630234
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