Question 1

The most common foods and drinks that were reported as the most common distractions in auto accidents includes:

Accepted Answer

A)  coffee.
B)  hamburgers.
C)  jelly doughnuts.
D)  soft drinks.
E)  All of theseF) B) and E)
G) D) and E)

Question 2

Craig Brown owns a home in San Francisco,California.There is a major earthquake and his house is damaged by the earthquake.What type of insurance would he have to have to cover this loss?

Accepted Answer

A)  House and other structures
B)  Additional living expenses
C)  Personal property
D)  Personal liability
E)  Specialized coverageF) None of the above
G) A) and B)

Question 3

The legal responsibility for the financial cost of another person's losses or injuries is referred to as:

Accepted Answer

A)  theft.
B)  robbery.
C)  liability.
D)  assigned risk.
E)  collusion.F) None of the above
G) B) and E)

Question 4

Which statement is not true about no-fault insurance systems?

Accepted Answer

A)  They are intended to reduce the time and cost associated with the settlement of automobile injury cases.
B)  The systems vary from state to state.
C)  Some states include property damage in the coverage.
D)  Some states set limits on medical expenses,lost wages,and other claim settlements.
E)  In recent years,all 50 states had some variation of the system.F) B) and C)
G) A) and E)

Question 5

Home insurance premiums are affected most directly by:

Accepted Answer

A)  the profits of the insurance company.
B)  insurance agents' commission.
C)  government regulations that set premiums.
D)  processing costs of claims.
E)  the number of claims in an area.F) A) and B)
G) C) and D)

Question 6

A home made of wood is more expensive to insure than a comparable brick structure.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following would not be considered personal property under a typical homeowner's insurance policy?

Accepted Answer

A)  Furniture
B)  Firearms
C)  House and other structures
D)  Jewelry
E)  A silverware setF) C) and D)
G) A) and B)

Exam 10: Property and Motor Vehicle Insurance

Which statement is not true about no-fault insurance systems?

Correct Answer
verified

Craig Brown owns a home in San Francisco,California.There is a major earthquake and his house is damaged by the earthquake.What type of insurance would he have to have to cover this loss?

Correct Answer
verified

Which of the following would not be considered personal property under a typical homeowner's insurance policy?

Correct Answer
verified

A home made of wood is more expensive to insure than a comparable brick structure.

Correct Answer
verified

The legal responsibility for the financial cost of another person's losses or injuries is referred to as:

Correct Answer
verified

Home insurance premiums are affected most directly by:

Correct Answer
verified

The most common foods and drinks that were reported as the most common distractions in auto accidents includes:

Correct Answer
verified

Exam 10: Property and Motor Vehicle Insurance

Which statement is not true about no-fault insurance systems?

Correct AnswerverifiedShow Answer

Craig Brown owns a home in San Francisco,California.There is a major earthquake and his house is damaged by the earthquake.What type of insurance would he have to have to cover this loss?

Correct AnswerverifiedShow Answer

Which of the following would not be considered personal property under a typical homeowner's insurance policy?

Correct AnswerverifiedShow Answer

A home made of wood is more expensive to insure than a comparable brick structure.

Correct AnswerverifiedShow Answer

The legal responsibility for the financial cost of another person's losses or injuries is referred to as:

Correct AnswerverifiedShow Answer

Home insurance premiums are affected most directly by:

Correct AnswerverifiedShow Answer

The most common foods and drinks that were reported as the most common distractions in auto accidents includes:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
verified

Correct Answer
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