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4.5 Homeowner's & Renter's Insurance Warm Up

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

Which of the following refers to how much protection a policyholder has?

a)

claim

b)

coverage

c)

deductible

d)

premium

2.

The amount someone must pay before they start receiving any benefits from their insurance company is known as the ___________

a)

co-insurance

b)

co-pay

c)

claim

d)

deductible

3.

A formal contract between the insured and the insurance company that identifies all the coverages is known as a __________

a)

deductible

b)

premium

c)

claim

d)

policy

4.

To find the terms and coverages of your insurance, you would look on...

a)

the declarations page

b)

insurance card

c)

premium

d)

deductible

5.

The money that is paid by the insured to the insurance company (usually monthly) for insurance is called the __________

a)

claim

b)

coverage

c)

deductible

d)

premium

6.

Which of the following refers to the official request for the insurance company for compensation?

a)

claim

b)

coverage

c)

deductible

d)

premium

7.

Which type of insurance do mortgage lenders require?

a)

renter's insurance

b)

homeowner's insurance

c)

automobile insurance

d)

health insurance

8.

"Obama Care" is also known as. . .

a)

Free Health Care

b)

Medicaid

c)

Medicare

d)

The Affordable Health Care Act

9.

Virginia requires that you have car insurance. Select the type of insurance NOT required by Virginia.

a)

Uninsured Motorist

b)

Collision

c)

property damage liability

d)

bodily injury liability

10.

You are driving late at night and an alien lands in front of you!! You squash it like a bug but your car is damaged. Too bad you did not get that __________ insurance coverage!

a)

comprehensive

b)

collision

c)

liability

d)

personal injury