Question
Question 1 (1 point) If Eric's dog ran across a road and caused a driver to swerve and injure a passerby, Eric's umbrella personal liability
Question 1 (1 point)
If Eric's dog ran across a road and caused a driver to swerve and injure a passerby, Eric's umbrella personal liability coverage could cover the expenses of both the driver and the injured pedestrian.
Question 1 options:
True | |
False |
Question 2 (1 point)
Named perils coverage protects the automobile owner against theft of specific items named in the auto insurance policy.
Question 2 options:
True | |
False |
Question 4 (1 point)
Which of the following is the most important reason to carry significant third party liability coverage?
Question 4 options:
| It provides excess coverage for accidents caused by uninsured and under insured motorists, when you are not at fault and if insufficient, you would be required to pay the difference. |
| It provides coverage for any court ordered awards to injured parties if you are at fault and if your coverage is insufficient, you would be required to pay the difference. |
| It provides excess medical and rehabilitation coverage if you are not at fault. |
| It would provide medical and rehabilitation coverage for you and the passengers in your car, to the limit you select, and if insufficient, you would be required to pay the difference. |
Question 5 (1 point)
If Zack had a replacement value home insurance policy and had a custom made table that he paid for a number of years ago and which was recently appraised for $22 000, the insurance company would pay him $16 000 for it, if it were destroyed in a fire.
Question 5 options:
True | |
False |
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