Question 1

If you live in a large city, you should expect to pay a higher premium for your auto insurance than someone who lives in a rural area.

Accepted Answer

A) True 
 B)False

Question 2

Cindy was contacted by her home insurance agent to discuss ways to decrease her premium. Which of the following should NOT reduce her premium?

Accepted Answer

A)  Installing an alarm system. 
B)  Increasing the amount of coverage. 
C)  Installing smoke detectors or a fire extinguisher. 
D)  Increasing her deductible. 
E)  Installing dead-bolt locks. 
A)  Installing an alarm system. 
B)  Increasing the amount of coverage. 
C)  Installing smoke detectors or a fire extinguisher. 
D)  Increasing her deductible. 
E)  Installing dead-bolt locks.

Question 3

All of the following are acceptable types of documentation for a household inventory except

Accepted Answer

A)  Photographs with dates purchased and values of objects listed on the backs. 
B)  Video recordings of your home and its contents. 
C)  Receipts, serial numbers, brand names, and proof of value documents. 
D)  Household inventory form from your insurance agent with purchase dates and costs. 
E)  A listing of items and their details in your memory. 
A)  Photographs with dates purchased and values of objects listed on the backs. 
B)  Video recordings of your home and its contents. 
C)  Receipts, serial numbers, brand names, and proof of value documents. 
D)  Household inventory form from your insurance agent with purchase dates and costs. 
E)  A listing of items and their details in your memory.

If you live in a large city, you should expect to pay a higher premium for your auto insurance than someone who lives in a rural area.

Cindy was contacted by her home insurance agent to discuss ways to decrease her premium. Which of the following should NOT reduce her premium?

All of the following are acceptable types of documentation for a household inventory except

Personal Financial Planning in Action

Money Management Skills

Taxes in Your Financial Plan

Financial Services: Saving Plans and Payment Accounts

Consumer Credit: Advantages, Disadvantages, Sources, and Costs

Consumer Purchasing Strategies and Wise Buying of Motor Vehicles

Selecting and Financing Housing

Health and Disability Insurance

Financial Planning With Life Insurance

Investing Fundamentals and Bonds

Investing in Stocks

Investing in Mutual Funds

Starting Early: Retirement and Estate Planning

Filters

Exam 8: Home and Automobile Insurance

If you live in a large city, you should expect to pay a higher premium for your auto insurance than someone who lives in a rural area.

Cindy was contacted by her home insurance agent to discuss ways to decrease her premium. Which of the following should NOT reduce her premium?

All of the following are acceptable types of documentation for a household inventory except

Personal Financial Planning in Action

Money Management Skills

Taxes in Your Financial Plan

Financial Services: Saving Plans and Payment Accounts

Consumer Credit: Advantages, Disadvantages, Sources, and Costs

Consumer Purchasing Strategies and Wise Buying of Motor Vehicles

Selecting and Financing Housing

Health and Disability Insurance

Financial Planning With Life Insurance

Investing Fundamentals and Bonds

Investing in Stocks

Investing in Mutual Funds

Starting Early: Retirement and Estate Planning

Filters