Factors that affect the cost of homeowners insurance include which of the following?
I.Construction material
II.Deductible amount
A)I only
B)II only
C)both I and II
D)neither I nor II

Question

Quizplus · Accepted Answer

Both construction material and deductible amount can impact the cost of homeowners insurance. Homes made with more expensive or unique materials may cost more to insure, while a higher deductible may lower monthly premiums but result in more out-of-pocket expenses in the event of a claim.

Factors That Affect the Cost of Homeowners Insurance Include Which