BUISENESS MANAGEMENT
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Kyla’s basement flooded after a bad rain storm. What type of insurance would she use?
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homeowners
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health
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disability
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automobile
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Explanation:
Detailed explanation-1: -Flood insurance policies are available for all homes and commercial properties. Standard homeowners insurance covers interior water damage, due to factors like storms or burst pipes. However, it generally doesn’t cover destruction or damage caused by floodwaters.
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