Question 1

Rosanne was in a car crash a few years ago that left her with hearing loss.She has decided to sue the owner of the other automobile for the medical costs of recovering her hearing.How many years,from the date of the crash,does she have to file a claim for the expenses?

Accepted Answer

A)   1 year
B)   2 years
C)   3 years
D)   4 years
E)   There is no time limit for filing for medical expenses.F) B) and E)
G) B) and C)

Question 2

Renter's insurance includes liability insurance.

Accepted Answer

A) True 
 B)False

Question 3

Describe the difference between actual cash value and replacement value.

Accepted Answer

Homeowner's insurance is set up to pay t...

Question 4

Angela's home became overrun with termites.She had to stay in an apartment temporarily while her home was being fixed.The provision on her home owners policy that covers her expenses while she is not able to live in her home is known as: Coverage D: Loss of Use.

Accepted Answer

A) True 
 B)False

Question 5

Barbara is over 55 so she qualifies for additional home owner's insurance discounts.

Accepted Answer

A) True 
 B)False

Question 6

In the United States,the first type of homeowner's insurance was fire insurance,offered in 1935 by a small company in Charleston,South Carolina.

Accepted Answer

A) True 
 B)False

Question 7

Supplemental coverage for homeowner's insurance is available through endorsements.Which one of the following is not a common form of additional coverage?

Accepted Answer

A)   Personal articles floaters
B)   Earthquake coverage
C)   Flood protection
D)   Medical payments
E)   Inflation guardF) C) and E)
G) A) and B)

Exam 10: Property and Liability Insurance

In the United States,the first type of homeowner's insurance was fire insurance,offered in 1935 by a small company in Charleston,South Carolina.

Correct Answer
verified

Supplemental coverage for homeowner's insurance is available through endorsements.Which one of the following is not a common form of additional coverage?

Correct Answer
verified

Renter's insurance includes liability insurance.

Correct Answer
verified

Barbara is over 55 so she qualifies for additional home owner's insurance discounts.

Correct Answer
verified

Angela's home became overrun with termites.She had to stay in an apartment temporarily while her home was being fixed.The provision on her home owners policy that covers her expenses while she is not able to live in her home is known as: Coverage D: Loss of Use.

Correct Answer
verified

Rosanne was in a car crash a few years ago that left her with hearing loss.She has decided to sue the owner of the other automobile for the medical costs of recovering her hearing.How many years,from the date of the crash,does she have to file a claim for the expenses?

Correct Answer
verified

Describe the difference between actual cash value and replacement value.

Correct Answer
verified
Homeowner's insurance is set up to pay t...
View Answer

Exam 10: Property and Liability Insurance

In the United States,the first type of homeowner's insurance was fire insurance,offered in 1935 by a small company in Charleston,South Carolina.

Correct AnswerverifiedShow Answer

Supplemental coverage for homeowner's insurance is available through endorsements.Which one of the following is not a common form of additional coverage?

Correct AnswerverifiedShow Answer

Renter's insurance includes liability insurance.

Correct AnswerverifiedShow Answer

Barbara is over 55 so she qualifies for additional home owner's insurance discounts.

Correct AnswerverifiedShow Answer

Angela's home became overrun with termites.She had to stay in an apartment temporarily while her home was being fixed.The provision on her home owners policy that covers her expenses while she is not able to live in her home is known as: Coverage D: Loss of Use.

Correct AnswerverifiedShow Answer

Rosanne was in a car crash a few years ago that left her with hearing loss.She has decided to sue the owner of the other automobile for the medical costs of recovering her hearing.How many years,from the date of the crash,does she have to file a claim for the expenses?

Correct AnswerverifiedShow Answer

Describe the difference between actual cash value and replacement value.

Correct AnswerverifiedHomeowner's insurance is set up to pay t...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Homeowner's insurance is set up to pay t...
View Answer