How might installing a fire extinguisher near your grill on your attached patio affect your homeowner’s insurance?(1 point)
Responses
It definitely will not change it.
It definitely will not change it.
A fire extinguisher near the grill represents a form of risk reduction and may lower your premium.
A fire extinguisher near the grill represents a form of risk reduction and may lower your premium.
It will encourage you to increase your deductible, which would lower the premium.
It will encourage you to increase your deductible, which would lower the premium.
It would raise your premium because you may become more reckless with the grill.
It definitely will not change it.
What does the liability model of 100/300/50 mean for auto insurance?(1 point)
Responses
$100 premium, $300 deductible, $50 discount for automatic payment
$100 premium, $300 deductible, $50 discount for automatic payment
$100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage
$100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage
$100,000 property damage, $300,000 total per incident, $50,000 bodily injury per person.
$100,000 property damage, $300,000 total per incident, $50,000 bodily injury per person.
$100 discount for good driver, $300 forgiveness, $50 discount for automatic payment
$100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage.
Which common supplemental car insurance policy do you need in order to qualify for gap insurance?
(1 point)
Responses
collision
collision,
glass coverage
glass coverage,
liability
liability,
extended warranty
collision,
A fire extinguisher near the grill represents a form of risk reduction and may lower your premium. This is because having a fire extinguisher nearby can help prevent and mitigate fire hazards, reducing the chances of filing a claim.
The correct answer is: A fire extinguisher near the grill represents a form of risk reduction and may lower your premium.
Installing a fire extinguisher near your grill on your attached patio can have a positive impact on your homeowner's insurance. This is because it demonstrates a proactive approach to reducing the risk of a fire occurring and potentially causing damage to your property. Insurance companies generally reward homeowners who take precautions to minimize risks.
To get the answer, you can consider the following:
1. Review your homeowner's insurance policy: Start by reviewing your policy and understanding the factors that can influence your premium. Look for any information on how risk reduction measures can impact the cost of your insurance.
2. Contact your insurance provider: Reach out to your insurance provider or agent and inquire about the potential impact of installing a fire extinguisher near your grill. They can provide you with specific information based on your policy and circumstances.
3. Compare quotes: If you are considering installing a fire extinguisher near your grill, it may be worthwhile to compare quotes from different insurance companies. Some providers may offer discounts or lower premiums for homeowners who have safety features like fire extinguishers in place.
Remember, insurance policies and premiums can vary, so it's always a good idea to consult with your insurance provider for accurate information regarding your specific situation.