What is it called when you have to pay part of repairs to your vehicle out of pocket?
Deductible
What is it called when you have to pay the first part of a claim out of pocket?
Deductible
Why should parents who co-signed for their childrens school loans have a life insurance policy on their kids?
If the child passes away, the co-signer can still be responsible for paying back the college debt
Once a customer makes a payment, how long does it take for renters insurance to go into effect?
Immediately
If you hit a deer what kind of claim is it?
Comprehensive
What endorsement covers if a pipe breaks and you have sewage in your basement?
Back up of sewer and drain
If I have a 30 year life insurance policy on myself to pay off my mortgage if I die early, what kind of policy is this?
Term
How much do you save on your car insurance if you have renters insurance with State Farm?
5%
If you rear-end the vehicle in front of you, what kind of claim is it?
Collision
What kind of policy should you have if you have a collection of items?
Personal Articles policy
Why should everyone have life insurance on their children when they are born?
They are healthy and it locks in the price and will never get more expensive
Anyone who lives in a residence that they dont own.
Who is the #1 Car Insurance company in the Country?
State Farm
Who is the #1 Homeowners company in the country?
State Farm
After a 20 year return of premium policy is over, how much of their premiums does the insured get back with State Farm?
100%
Besides the policy holder, who else does renters insurance provide a benefit for?
The property owner
What does your liability limits cover?
Bodily Injury to others and Property Damage
What % of your home value does State Farm automatically give you to cover your personal property?
75%
How much in taxes does your beneficiary have to pay when they receive death benefit money?
None
What are the two main benefits of renters insurance?
Covers personal property and covers cost if there is a fire