Homeowners' insurance rates soaring: what you can do

Homeowners' insurance rates soaring: what you can do

Assessment

Interactive Video

Business

University

Hard

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The video discusses the rising costs of homeowners insurance, which is causing some to forgo coverage. It highlights the financial dilemmas faced by homeowners due to increased premiums and identifies factors like home building costs and severe weather as key drivers. The video offers tips on managing insurance costs, such as seeking discounts and shopping around. It stresses the importance of maintaining coverage to protect investments.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some reasons homeowners are going without insurance?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the increase in homeowners insurance premiums?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice does Kimberly Palmer give regarding homeowners insurance policies?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some potential discounts homeowners can ask their insurance provider about?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Why does Frank Morales believe it is important to have proper coverage?

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