Question

taylor was leasing an apartment and there was a fire. taylor lost all of her belongings. which type of insurance would provide replacement costs for the loss of her property?
a. ○ comprehensive insurance
b. ○ life insurance
c. ○ property liability damage insurance
d. ○ tenant insurance

Explanation:

To determine the correct insurance, we analyze each option:

• Option A: Comprehensive insurance typically covers vehicles (e.g., cars) against non - collision damages, not apartment property loss.
• Option B: Life insurance provides financial benefits upon the insured's death, not for property loss.
• Option C: Property liability damage insurance covers damage the insured causes to others' property, not their own personal property in an apartment.
• Option D: Tenant insurance (also known as renters insurance) is designed to protect a tenant's personal property in a rented apartment from perils like fire, theft, etc., and provides replacement costs for lost property.

Answer:

D. tenant insurance