Answered

IDNLearn.com: Where your questions meet expert answers and community support. Discover in-depth and reliable answers to all your questions from our knowledgeable community members who are always ready to assist.

Fill in the blank with the correct answer.

Homeowner's insurance should be "guaranteed [choose your answer]" instead of "extended."

Sagot :

GinnyAnsweridn

Final answer:

Homeowner's insurance should be based on replacement value to cover repair costs effectively.


Explanation:

Homeowner's insurance is essential to protect one's home against various risks like fire, theft, and liability. It should be based on the concept of replacement value to cover the cost of rebuilding or repairing the house and its contents. Different types of homeowner's insurance policies offer varying levels of coverage, with premiums adjusted accordingly.


Learn more about Homeowner's insurance here:

https://brainly.com/question/32825088


We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and see you next time for more reliable information.