A) the refusal by an insurance company to pay for a loss. B) the cause of risk. C) the cause of a possible loss. D) an uncertainty as to loss. E) safety. A) the refusal by an insurance company to pay for a loss. B) the cause of risk. C) the cause of a possible loss. D) an uncertainty as to loss. E) safety.

Exam 10: Property and Motor Vehicle Insurance

Medical payments coverage in a home insurance policy is designed to pay for legal action taken against a homeowner who may be legally responsible for injury or property damage of others.

(True/False)

5.0/5

(87)

Question 81

Peril is defined as:

(Multiple Choice)

4.9/5

(80)

Question 82

Craig Brown owns a home in San Francisco,California.There is a major earthquake and his house is damaged by the earthquake.What type of insurance would he have to have to cover this loss?

(Multiple Choice)

4.8/5

(83)

Question 83

____________ coverage would pay for damage to your vehicle caused by an accident when another driver with insurance was legally at fault.

(Multiple Choice)

4.8/5

(85)

Question 84

Brett Johnson owns a home in Yukon,Oklahoma.A babysitter he hires breaks her leg when she trips over the dog.What part of his homeowner's insurance would cover this loss?

(Multiple Choice)

5.0/5

(97)

Question 85

_________ coverage protects your automobile from risks such as glass breakage,falling objects,vandalism,or damage caused by hitting an animal.

(Multiple Choice)

4.9/5

(72)

Question 86

Most home insurance policies provide coverage for:

(Multiple Choice)

4.9/5

(78)

Question 87

Which one of the following coverages would pay for medical care for people who were injured in your automobile?

(Multiple Choice)

4.9/5

(83)

Question 88

Georgette Valentine has expensive photography equipment for use in her hobby.Which one of the following types of coverage would pay for damage or theft of this equipment?

(Multiple Choice)

4.8/5

(90)

Question 89

If a homeowner leaves toys on stairs that results in injury to a delivery person,this may be ruled as:

(Multiple Choice)

4.8/5

(79)

Question 90

Hermione Granger borrowed her best friend's car and was in an accident.She was at fault.The car was totaled.What part of Hermione's automobile insurance policy would cover the damage to her friend's car?

(Multiple Choice)

4.9/5

(82)

Question 91

Which one of the following insurance policy provisions requires the insured to pay for part of the loss if the property is not insured for the specified percentage of replacement value?

(Multiple Choice)

4.9/5

(75)

Question 92

The purpose of an assigned risk pool is to assist people with poor driving records in obtaining automobile insurance coverage.

(True/False)

4.9/5

(85)

Question 93

The purpose of insurance is to help protect you and your family against financial hardship due to hazard,accident,death,and similar risks.

(True/False)

4.8/5

(81)

Question 94

____________ provides coverage for the risk of financial loss due to legal expenses,medical expenses,lost wages,and other expenses associated with injuries caused by an automobile accident for which you were responsible.

(Multiple Choice)

4.9/5

(85)

Question 95

The most common method of dealing with risk is to shift,or transfer it to an insurance company or some other organization.

(True/False)

4.8/5

(90)

Question 96

Home insurance costs are affected most directly by:

(Multiple Choice)

4.8/5

(95)

Question 97

Your home insurance policy has a $500 deductible.If a windstorm causes $2,000 damage to your home,what amount of the claim would the insurance company pay?

(Multiple Choice)

4.8/5

(83)

Question 98

Zachary Harris owns a home in Elk City.There was a bad thunderstorm and his gazebo was hit by lightening and burned to the ground.What part of his homeowner's insurance policy would cover this loss?

(Multiple Choice)

4.9/5

(95)

Question 99

Which one of the following refers to a category based on age,sex,marital status,and driving habits that is used to set automobile insurance premiums?

(Multiple Choice)

4.7/5

(71)

Question 100

Showing 81 - 100 of 104

Medical payments coverage in a home insurance policy is designed to pay for legal action taken against a homeowner who may be legally responsible for injury or property damage of others.

Peril is defined as:

Craig Brown owns a home in San Francisco,California.There is a major earthquake and his house is damaged by the earthquake.What type of insurance would he have to have to cover this loss?

____________ coverage would pay for damage to your vehicle caused by an accident when another driver with insurance was legally at fault.

Brett Johnson owns a home in Yukon,Oklahoma.A babysitter he hires breaks her leg when she trips over the dog.What part of his homeowner's insurance would cover this loss?

_________ coverage protects your automobile from risks such as glass breakage,falling objects,vandalism,or damage caused by hitting an animal.

Most home insurance policies provide coverage for:

Which one of the following coverages would pay for medical care for people who were injured in your automobile?

Georgette Valentine has expensive photography equipment for use in her hobby.Which one of the following types of coverage would pay for damage or theft of this equipment?

If a homeowner leaves toys on stairs that results in injury to a delivery person,this may be ruled as:

Hermione Granger borrowed her best friend's car and was in an accident.She was at fault.The car was totaled.What part of Hermione's automobile insurance policy would cover the damage to her friend's car?

Which one of the following insurance policy provisions requires the insured to pay for part of the loss if the property is not insured for the specified percentage of replacement value?

The purpose of an assigned risk pool is to assist people with poor driving records in obtaining automobile insurance coverage.

The purpose of insurance is to help protect you and your family against financial hardship due to hazard,accident,death,and similar risks.

____________ provides coverage for the risk of financial loss due to legal expenses,medical expenses,lost wages,and other expenses associated with injuries caused by an automobile accident for which you were responsible.

The most common method of dealing with risk is to shift,or transfer it to an insurance company or some other organization.

Home insurance costs are affected most directly by:

Your home insurance policy has a $500 deductible.If a windstorm causes $2,000 damage to your home,what amount of the claim would the insurance company pay?

Zachary Harris owns a home in Elk City.There was a bad thunderstorm and his gazebo was hit by lightening and burned to the ground.What part of his homeowner's insurance policy would cover this loss?

Which one of the following refers to a category based on age,sex,marital status,and driving habits that is used to set automobile insurance premiums?

Personal Finance Basics and the Time Value of Money

Financial Aspects of Career Planning

Money Management Strategy: Financial Statements and Budgeting

Planning Your Tax Strategy

Financial Services: Savings Plans and Payment Accounts

Introduction to Consumer Credit

Choosing a Source of Credit: The Costs of Credit Alternatives

Consumer Purchasing Strategies and Legal Protection

The Housing Decision: Factors and Finances

Health, Disability, and Long-Term Care Insurance

Life Insurance

Investing Fundamentals

Investing in Stocks

Investing in Bonds

Investing in Mutual Funds

Investing in Real Estate and Other Investment Alternatives

Starting Early: Retirement Planning

Estate Planning

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