Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

In recent years, the cost for renters insurance has decreased annually. Would you expect this trend to continue? Why or why not?

Sagot :

Tundexi

I would not expect the continuous trend of decreasing annual cost of renters insurance because the world economy has been on meltdown, causing an inflation.

What is renters insurance?

This is a policy that covers losses to personal property and protects the insured from liability claim.

The normal trend is because the economy is performing well and premium are getting paid at constant rate.

In conclusion, the inflation ensuing from world economy will lead to an increase in the premium charged on the renters insurance.

Read more about renters insurance

brainly.com/question/26159044

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.