Answered

Select the correct answer from each drop-down menu.

Identify the type of insurance.

Unlike other policies, you are required by law to get [insurance] when you [own a vehicle].

- have at least two dependents
- own property
- own a vehicle



Answer :

GinnyAnswer

Final answer:

Insurance is vital for financial protection against risks and uncertainties. Car insurance and house/renter's insurance are mandatory types of insurance that provide coverage for accidents, damages, theft, and fire.


Explanation:

Insurance is a crucial financial tool that provides protection against potential risks and uncertainties. One type of insurance that is required by law is car insurance, which is mandatory for vehicle owners to have to cover potential accidents or damages involving their vehicles. Similarly, house or renter's insurance is essential for property owners to safeguard against theft and fire damage.


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