Question 1

Which of the following is considered personal property for home insurance coverage?

Accepted Answer

A)   an automobile
B)   a garage
C)   a house
D)   appliances
E)   trees and shrubsF) B) and D)
G) C) and E)

Question 2

The higher the deductible you choose for your car insurance,the higher the premium.

Accepted Answer

A) True 
 B)False

Question 3

Personal risks,property risks,and liability risks are types of speculative risks.

Accepted Answer

A) True 
 B)False

Question 4

The homeowners' pets are included in the coverage provided by the homeowners insurance.

Accepted Answer

A) True 
 B)False

Question 5

The driver classification category is based on automobile style,model,and value of the vehicle.

Accepted Answer

A) True 
 B)False

Exam 8: Home and Automobile Insurance

The higher the deductible you choose for your car insurance,the higher the premium.