(Answered)-Explain what coverage's would be needed for a family of four - (2025 Updated Original AI-Free Solution

Question

1. Explain what coverage's would be needed for a family of four living in a large metropolitan area. Both adult members are employed at a major firm in the area and one child is 8 years old and the other is 3 years old. Assume they have a mortgage and each adult owns a vehicle. Both travel over 20 miles to and from work. Home is worth 275,000 and they have a swimming pool.