Why do you think that so many home insurance policies, Financial Management

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Why do you think that so many home insurance policies

1. Why might a mortgage lender require you to have home insurance? What is the difference between actual cash value and replacement value? Which one is more valuable?

2. Give three reasons why someone may not buy home insurance. Do these reasons make sense? Explain.

3. Why do you think that so many home insurance policies require fences around pools? What part of a home policy does this cover?

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