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Homeowners Insurance

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

What is homeowners insurance?

a)

a loan to help you buy a house

b)

the cosigning of a property to someone else

c)

covers losses and damages to a house

d)

what you pay monthly to live at a house owned by someone else

2.

Does a sailboat have coverage under a liability?

a)

yes, as long as the sailboat is under 16 feet

b)

yes, as long as the sailboat is under 26 feet

c)

no

3.

What is section I of homeowners policy?

a)

Property

b)

Liability

4.

What is section II of homeowners policy?

a)

Property

b)

Liability

5.

When should you purchase homeowners insurance?

a)

when you graduate college

b)

when you start renting an apartment

c)

when you own a house

d)

when you own your own business

6.

How many years will Med Pay cover medical treatment?

a)

2 years from the date of the accident

b)

1 year from the date of the accident

c)

6 months from the date of the accident

d)

3 years from the date of the accident

7.

Do motor boats owned by the insure have any coverage?

a)

yes, as long as they are under 15 horsepower

b)

yes, as long as they are under 25 horsepower

c)

no

8.

Mobile homes can be covered by homeowners insurance

a)

True

b)

False

9.

The chance of a windstorm causing a loss to one's property is...

a)

hazard

b)

peril

c)

risk

d)

uninsurable