Answered

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Create a hypothesis for why homeowners insurance continues to increase
annually while renters insurance does not.

Sagot :

quayacc13

Answer:

Inflationary clauses in your insurance policy allow for the rising costs of building and associated labor. The cost of building materials such as wood, metal and cement increases each year. Likewise, if the cost of replacing your home increases, chances are your insurance costs will also increase. While that may be good news if you experience a loss, it'll be reflected in your monthly or yearly insurance premiums.

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