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24. finn moves from a rented apartment into his very first house. what …

Question

  1. finn moves from a rented apartment into his very first house. what should he expect regarding the cost of homeowners insurance compared to renters insurance? 1 pointhe will not need homeowners insurance, because owning a home is less risky than rentinghis homeowners insurance will be less expensive than his renters insurance washis homeowners insurance will be the same cost as his renters insurance washis homeowners insurance will be more expensive than his renters insurance was25. which best describes what is meant by a health insurance marketplace? 1 pointan online directory that lists doctor and hospital contact informationthe portal you use to register for employer-sponsored group plansa federal- or state-run website with the individual health insurance plans available in a given stateany doctors office or hospital that shares a physical location with other medical providers

Explanation:

Brief Explanations
For Question 24:

Renters insurance only covers personal property, while homeowners insurance covers both the structure of the home and personal property, so it has higher coverage and higher cost. Owning a home carries more risk exposure for the insurer than renting.

For Question 25:

A health insurance marketplace is a government-run platform where individuals can browse and purchase individual health insurance plans, not a provider directory, employer plan portal, or physical medical location.

Answer:

  1. His homeowners insurance will be MORE expensive than his renters insurance was
  2. A federal- or state-run website with the individual health insurance plans available in a given state