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Which person would most benefit from homeowners insurance?A.Fran lives in an assisted living facility.B.Hilary lives in an apartment with few personal possessions.C.Karim lives in a dorm.D.Michael and Bryce have a 30-year mortgage.

Question

Which person would most benefit from homeowners insurance?A.Fran lives in an assisted living facility.B.Hilary lives in an apartment with few personal possessions.C.Karim lives in a dorm.D.Michael and Bryce have a 30-year mortgage.

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Solution

The person who would most benefit from homeowners insurance is Michael and Bryce who have a 30-year mortgage. This is because homeowners insurance provides financial protection against disasters. A standard policy insures the home itself and the things you keep in it. Since Michael and Bryce have a 30-year mortgage, they are likely to be living in their own home, making them the most suitable for homeowners insurance.

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