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Answer :
Final answer:
Pete should get Multiple Peril Insurance to have separate coverage for his separate acreages. This will allow him to purchase individual policies for each piece of land. Other insurance types listed typically offer broader coverage option(A).
Explanation:
For Pete to have separate insurance coverage for separate acreages, he should opt for Multiple Peril Insurance (option A). Each of the other insurance types listed (Umbrella Insurance, Farmowner's Insurance, and Liability Insurance) generally provide a broader coverage than what Pete is seeking. Multiple Peril Insurance is designed to cover a variety of risks on properties, and Pete can buy separate policies for separate tracts of land, achieving his aim.
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