Which of the following statements is (are)true regarding renters insurance?
I.Renters insurance is needed if you rent a house,but is not needed if you rent an apartment.
II.The ISO renter's policy provides "all-risks" coverage on the insured's personal property.
A)I only
B)II only
C)both I and II
D)neither I nor II

Question

Quizplus · Accepted Answer

Renters insurance is needed regardless of whether you rent a house or an apartment. The ISO renter's policy typically provides named-perils coverage, not "all-risks" coverage, on personal property.

Which of the Following Statements Is (Are)true Regarding Renters Insurance