subject
Business, 08.12.2021 01:00 malik70831

Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures his home annually for $0.36 per $100 of value in the home. In order to make calculations easier, Thompson’s Insurance lists their annual homeowners insurance premium a bit differently, at $3.63 per $1,000 of value in the home. Zach’s house is worth $289,000. What should Zach be thinking as he chooses between the two insurance companies?
a.
$3.63 per $1,000 is approximately the same as $0.36 per $100. The premiums for the two insurance companies will be the same.
b.
The annual premium for his house would be cheaper through AAA.
c.
The annual premium for his house would be cheaper through Thompson’s.
d.
Since the two insurance companies list their premiums differently, the two cannot be compared.

ansver
Answers: 2
Show answers

Other questions on the subject: Business

image
Business, 22.06.2019 10:50, hsjsjsjdjjd
Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?
Answers: 2
continue
image
Business, 22.06.2019 16:50, bri663
Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
continue
image
Business, 22.06.2019 18:00, maxout67
*will mark brainliest! * when a company spends resources (labor, money) to give customers "free" items, those costs are called a. investment costs b. economic costs c. scarcity costs d. opportunity costs answer asap!
Answers: 1
continue
image
Business, 23.06.2019 09:40, mckinleesmomp6qj1e
What is an example of a functional organizational structure?
Answers: 1
continue
You know the right answer?
Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offer...

Questions in other subjects:

Konu
Mathematics, 18.02.2020 00:02
Consider a disease whose presence can be identified by carrying out a blood test. Let p denote the probability that a randomly selected individual has the disease. Suppose n indivi...
Konu
Business, 18.02.2020 00:02
Clients and interviewers may use to highlight the important issues in their statements. a. verbal underlining, topic jumps, and softer vocal tone b. verbal underlining, keeping to...
Konu
Business, 18.02.2020 00:02
A Japanese company encourages its employees to participate in charitable activities. The company gives annual paid leave of ten days to its employees to volunteer at nonprofits or...
Konu
Business, 18.02.2020 00:02
Salina, the expeditor at RingPro Gasket Manufacturer, writes a memo asking her manager to buy her a new computerized system for tracking customer orders. She claims that if she doe...
Konu
Mathematics, 18.02.2020 00:02
Which situation can be modeled by the inequality 5 + 10 ≥ 45?...
Konu
Mathematics, 18.02.2020 00:02
In a test of the effectiveness of garlic for lowering cholesterol, 49 subjects were treated with raw garlic. Cholesterol levels were measured before and after the treatment. The ch...
Konu
Mathematics, 18.02.2020 00:02
Multivariate Hypergeometric) An urn contains 4 green balls, 3 blue balls, and 2 red balls. In a random sample of 6 balls, find the probability that both red balls and at least 1 bl...
Konu
Business, 18.02.2020 00:02
On October 29 of the current year, a company concluded that a customer's $4,400 account receivable was uncollectible and that the account should be written off. What effect will th...
Konu
English, 18.02.2020 00:02
41.00 Which word best characterizes the Pardoner in this passage? Read the excerpt from The Canterbury Tales. Thus I know how to preach against the vice
Konu
Business, 18.02.2020 00:02
April is studying finance in college she wants to enter career that is expected to experience much growth rate the jobs at April is considering from least to greatest expected grow...
More questions: Business Another questions
See results (0)