all true or false

______15. If your state has no-fault insurance laws, it is not necessary for you to carry liability auto insurance.

______16. If you carry underinsured auto coverage, your company may pay claims in excess of those paid by the other driver who was at-fault.

______17. If you are injured by a driver who has no auto insurance, you will receive benefits under your personal policy if you carry underinsured coverage.

______18. Collision insurance pays for damage to your car regardless of who is at-fault.

______19. Your insurance costs will be the same regardless of where you live.

______20. An all risk homeowners policy offers more protection than a named perils policy.

______21. An HO-1 policy offers greater insurance protection than an HO-2 policy.

______22. If you are a renter, you can purchase either HO-4 or HO-5 or HO-6 homeowners insurance on your belongings.

______23. HO-# policies cover all risks on the dwelling and contents of a homeowner.

______24. Contents coverage is usually set a s stated percent of the face value of a homeowners policy.

______25. Homeowners insurance normally limits the company liability for jewelry.

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______26. If you want to schedule your jewelry, you will need to add a floater to your homeowners policy.

______27. If you have a significant stamp or trading card collection, you should schedule them on your homeowners policy.

______28. Homeowners insurance automatically provides for the replacement of your home if it is totally

demolished in a storm.

______29. Earthquake damage is automatically included in the basic homeowners policy.

______30. Flood insurance is covered by your homeowners policy.

______31. If your roof is damaged by an ice storm, the insurance company will pay all costs associated with the

repair, if you have actual cash value coverage.

______32. Homeowners can add an insurance endorsement to their policy that will automatically adjust the face value for inflation.

______33. Most homeowner policies carry a coinsurance requirement of eighty (80%) per cent.

______34. The higher the deductible on your homeowners policy, the higher the annual premium.

______35. Insurance policies include the declarations page, definitions, agreement, exclusions and conditions.