Homeowners insurance costs roughly 0.5% of the value of the house. How much is the...
60.1K
Verified Solution
Link Copied!
Question
Finance
Homeowners insurance costs roughly 0.5% of the value of the house. How much is the monthly bill for a $400,000 home?
Car insurance for a 20-year old is roughly $5,000 in NY. What is that as a percentage for a $30,000 car? Why is the percentage higher for car insurance compared to house insurance?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!