Question 13
A) How might Installing a fire extinguisher near your grill on your attached patio affect your homeowner's insurance? (1 point)
A. It definitely will not change IL
B. A fire extinguisher near the grill represents a form of risk reduction and may lower your premium.
C. It will encourage you to increase your deductible, which would lower the premium.
D.It would raise your premium because you may become more reckless with the grill.
Question 14
A) What does the liability model of 100/300/50 mean for auto insurance? (1 point)
A. $100 premium, $300 deductible, $50 discount for automatic payment
B. $100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage
C. $100,000 property damage, $300,000 total per incident, $50,000 bodily injury per person.
D.$100 discount for good driver, $300 forgiveness, $50 discount for automatic payment
Question 15
A)
Which common supplemental car insurance policy do you need in order to qualify for gap insurance?
(1 point)
A. collision
B. glass coverage
C. liability
D. extended warranty
Question 16
A) Which of the following is an expense to include in your budget for college? (1 point)
A. concert tickets
B. new jewelry
C. a gaming system
D. books
Question 13:
B. A fire extinguisher near the grill represents a form of risk reduction and may lower your premium.
Question 14:
B. $100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage
Question 15:
C. liability
Question 16:
D. books