Basics
T or F: Does the renters policy protect the landlord?
False
What is the minimal personal liability on a rental policy?
$100,000
Type of policy that covers all personal belongings inside rental property?
Renters Policy
If Jake falls and sprains his ankle at his friend's rental home, how much will his friend's rental policy cover in medical payments?
$1,000
What discount can save you up to 30% after 6 months?
Drive Safe and Save
What does RDP stand for?
Rental dwelling policy
What is the minimal personal liability on a rental dwelling policy?
$300,000 per occurrence
Policy that covers actual structure of rental property?
Rental Dwelling Policy
What policy should you write on Jane is she has $30,000 in Jewlery and $15,000 in art?
PAP
What discounts are available for customers between the age of 16-25?
Good student, Steer clear, Driver training
T or F: You receive a discount for having a alarm system
True
What is the minimum amount of coverage for a PLUP?
$1,000,000
Insurance policy that covers your high-value belongings, such as jewelry, fine art, musical instruments, or electronics –, in case they get lost, damaged, or stolen.
Personal Articles Policy
What policy should you write on Mike if he has two teen drivers, owns a home,3 cars, a boat and a motorcycle?
PLUP
What qualifies you for a student away discount?
Student must live at least 100 miles away
What does PLUP stand for?
Personal Liability Umbrella Policy
What's the deductible on a Personal Articles Policy?
0
Covers the additional living expenses you incur if your rental home becomes uninhabitable due to a covered loss
Loss of Use
T or F: If Sams apartment burns down, his renter's policy will cover his $4,000 worth of firearms?
False
If you bundle auto, home, and a PLUP policy, what percentage of a discount would you receive?
20%
How frequently does a renters policy renew?
Every 12 months
What is the minimal personal liability on a rental dwelling policy per aggregate?
$600,000 per aggregate
Coverage which goes beyond the limits of the insured’s home, auto or other liability coverage and provides an additional layer of security to those who are at risk of high loss.
PLUP
Will the RDP premium be lower on a new home in a highly populated area or on an older home in a rural area?
Older home in rural area
What qualifies you for a good driving discount?
Being a mutual customer - good driving record, low claims reported, good credit