Standard #: SS.912.FL.7.5


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Explain how governments and contractual obligations can influence the decisions and responsibilities of individuals to obtain different forms of insurance.


Examples


Example: Research and provide the laws and regulations that establish the amount of auto insurance drivers must purchase in Florida.

Clarifications


Clarification 1: Instruction includes understanding why homeowners’ insurance is required by a lender when a homeowner takes out a mortgage.

Related Courses

Course Number1111 Course Title222
2102300: Economics and Personal Finance (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102305: Economics and Personal Finance Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102371: Personal Finance and Money Management (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102373: Personal Finance and Money Management Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))


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