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

The effect that the new fire station have on her home owners insurances premiums is that the new fire department will reduce the risk of financial loss in her home. The answer in this question is Jennifer annual premium should decrease.