4) You refuse to get in the car with Catherine as she texts constantly and has already received two tickets for texting while driving. She also received a criminal conviction for Driving Under the Influence (DUI). She thinks she is unlucky at the wheel when in fact she is a careless and thoughtless driver. Her current car insurer has refused to renew her car insurance and other car insurance companies have turned her down. Since she is now faced with the inability to qualify for a standard policy due to the label of being a high-risk driver, she must now turn to whats called the auto insurer of last resort: _____________________________________.

a) Criminal Code Insurance

b) Insurance Endorsements

c) Comprehensive Coverage

d) Facility Association

e) Third Party Liability Coverage

5) Which statement is correct regarding homeowners insurance?

a) Replacement cost policy pays the homeowner the cost of replacing the damaged property with an item of a similar brand and quality.

b) Homeowners policy specifies a deductible that the homeowner is responsible for paying before any insurance coverage is provided by the insurer.

c) Homeowners insurance provides insurance in the event of property damage, theft, or personal and third-party liability relating to home ownership.

d) The mortgage lender typically requires that the homeowners insurance policy covers at least the mortgage.

e) All the above.