What is the name of the Company I am affiliated with?
What is Farmers Insurance
100
Protects against damage from riots, car or plane crashes, windstorms, hail, and even explosions.
What is Extended Coverage
100
If your deductible is $1,000 and damage to your property is $2600, How much would the insurance company pay?
What is $1,600
100
Why is it a good idea to have renter's insurance?
What is if anything were to get damaged then the insurance company would have to pay for it and not you
100
An example of personal property is a house.
What is FALSE
200
Property that is attached to land, like a house, business, garage, or other property.
What is Real Property
200
This coverage provides funds to allow you to live elsewhere if you are forced out of your home due to a covered loss.
What is Loss of Use
200
Does the location of your home affect the cost of insurance? Give an Example.
What is Yes; If you live in a high crime area or an area with no fire department your premium will be higher. Or if you live in an area that has frequent bushfires or tornadoes it will make your premium higher.
200
Protection from the costs of non-intentional injuries to others on your property
What is Liability Insurance
200
The insurance company will always pay for everything.
What is FALSE
300
Consists of possesions that can be moved, like furniture, jewelry, and electronic equipment.
What is Personal Property
300
The most common causes of propety damage
What is The Eleven Perils
300
Does it cost more in insurance to live in a brick or a wood house? Why?
What is Wood; because a brick house is more likely to be sturdier
300
If you have a trampoline in your back yard that kids in the neighborhood like to play on do you need liability insurance? Why or Why Not?
What is Yes; because if they fall and break something you are held responsible for the payment of their injuries.
300
One of the Eleven Perils is flaming poo being thrown at your house.
What is TRUE
400
To cover any loss or damage to your personal possessions. Within a residence you do not own.
What is Renter's Insurance
400
An addition or endorsement to a policy that covers specific property that may be limited within a standard homeowners policy
What is a Rider
400
If you want to lower your insurance costs without reducing your coverage, your best option is to?
What is raise your deductible
400
How could you proctect yourself from financial loss on your property
What is buy Property Insurance
400
All of the home owner's policies cover loss from floods, earthquakes, landslides, acts of war, or nuclear hazards
What is FALSE
500
To insure against damage due to fire or lightning
What is Standard Fire/Hazard Insurance Policy
500
When property is replaced at full value regardless of depreciation
What is Replacement Value
500
If your dog bites the neighbor you would be covered under this section of home insurance
What is Liability
500
Whats my middle name?
Leith
500
The insurance company will pay for damage from a pipe that has been leaking for 3 months