Insurance Coverage
Insurance Coverage for Dummies
Pot Luck
AUTO INSURANCE
Home Insurance
100
Which vehicle insurance protects you from claims of injury or property damage to others in case you’re held responsible for an accident?
What is collision Insurance ?
100
This refers to the most common causes of property damage, including fire, smoke, and vandalism
What are the 11 perirls
100
Which of the following is a request for payment from an insurer for any damages covered by a policy?
What is a claim?
100
The value of your car is how much the car is worth new minus depreciation.
What is Actual Cash Value ?
100
the condominium owners form, covers personal property and anything else inside the unit.
What is H O -6
200
This policy also covers damage from falling objects, collapse of a building, ice and snow, steam, water, and electrical systems.
What is HO-2, the broad form, ?
200
Which policy should renters get to cover their property?
What is HO -4
200
What perios account for 85 percent of property damage in the United States
What is Fire ?
200
Legally requires drivers to have a minimum amount of car insurance
What is compulsory insurance law?
200
Additions to a policy that covers specific property or damages
What is Rider?
300
The higher your deductible is, what does this affect?
What is your premium?
300
Houses, garages, and barns are examples of property
What is Real Property?
300
Paid protection against losses due to injury or property damage.
What is Insurance ?
300
Drivers involved in an accident collect damages from their own insurance companies no matter who caused it.
What is No Fault Insurance?
300
The federal government offers low-cost insurance through the Nationa Insurance Program to protect homeowners?
What is Flood Insurance?
400
Which insurance covers damage to a policyholder’s vehicle caused by falling objects or vandalism?
What is comprehensive insurance ?
400
Furniture, jewelry, and electronic equipment are examples of property
What is personal Property?
400
A contract that explains how much and what kinds of insurance protection you have.
What is Policy?
400
Full cost of repairing or replacing property
What is replacement value?
400
For homeowners, insurance companies recommend that you insure your home for this percent of its market value.
What is 80 Perecent?
500
Which of the following protects you from a law suit if someone is injured on your property?
What is liabilty Insurance ?
500
The special form, provides maximum protection for the house itself, with less coverage for contents or personal property.
What is HO-3?
500
the all-risks policy, provides the most comprehensive coverage It insures a building and its contents with maximum coverage
What is HO-5 ?
500
TYPE OF COVERAGE THAT PROTECTS YOU FROM A DRIVER WHO DOES NOT HAVE INSURANCE.
What is Uninsured Driver Insurance Coverage ?
500
You can get discounts on your insurance rates by taking doing this to protect your property.
What is Preventative Measures?