Question

31. Pete wants to have separate insurance coverage for separate acreages. What kind of insurance should Pete get?

(Choose from the following options)
1. There is no insurance of this kind.
2. Acre-by-acre Insurance
3. Unit Insurance
4. Plot Insurance

Answer 1

Pete should get Unit Insurance to have separate insurance coverage for separate acreages.

Step-by-step explanation:

Pete should get Unit Insurance to have separate insurance coverage for separate acreages. Unit insurance allows the insured to assign a separate value to each unit of property they own. In this case, Pete can assign a value to each acreage he wants to insure, providing separate coverage for each one.