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Why did Maggie not have flood insurance? Check all that apply. Storms in her region are highly unlikely. She wanted to pay for repairs with her own money. She felt she needed to save money. She may have misunderstood her basic homeowners policy. Her expenses were already high before paying for insurance.

Sagot :

here  are the reasons why Maggie did not have a flood insurance.

C. She felt she needed to save money.

D. She may have misunderstood her basic homeowners policy.

E. Her expenses were already high before paying for insurance.

According to the question, Maggie did not have enough money. She already had more than enough expenses.

The passage also said that there were months that the amount that she had was hardly enough to take care of basic needs.

She  did not understand the home owners policy because she was told that they would offer it to her at an additional cost. She may have thought that she already had it covered.

Reasons why Maggie did not have a flood insurance are :

  1. She may have misunderstood her basic homeowners policy.
  2. She felt she needed to save money.
  3. Her expenses were already high before paying for insurance.

Who is insurance?

Insurance is a method by which you can protect yourself and your loved ones from facing a financial crisis.

Maggie did not really understand the home owners policy because she was informed that the house would be offered to her at extra cost hence may have thought that she already had it covered.

Learn more about insurance here : https://brainly.com/question/10973231

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