Question

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium?

Answer 1

c.The new fire department will reduce the risk of financial loss in her home.  Her annual premium should decrease

Answer 2

Answer:

A decrease in the insurance premium

Explanation:

The proximity to a fire station is a factor that affects the rate of a homeowner insurance. So, a new fire station that is close to the house will decrease the price of the insurance because with a fire department near, it will be safer in case of a fire which will make that the house cost less to insure.