Homeowners insurance covers severe damage to a home. Homeowners insurance, also referred to as hazard insurance, provides a way for a homeowner to cover her losses if a disaster should cause damage to her home.
1 If you have 365 days of CPT, you may not be able to get an OPT.  So an OPT and a CPT are similar in the way they both allows you to work legally in the U.S. You will need a CPT to work as an intern before graduation, you will need an OPT to work after completing a degree.
A. It is correct that for both the Time and Material (T&M) and Cost-Plus-Percent-Cost (CPPC) types of contracts the contractor has a disincentive to control costs; i.e., the more effort he spends the more profitable the job becomes.