Davante just got a new apartment and he's choosing a coverage amount for his renter's insurance. What is that amount?
1) It's how much he'll pay each month for his policy.
2) It's how much the insurance company will pay if his possessions are damaged.
3) It's how much he'll need to pay when he makes a claim before his insurance company will pay.
4) It's an add-on amount that covers just his computer.