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Homeowners Insurance

Total questions: 5

Worksheet time: 2mins

Name
Class
Date
1.

What is homeowners insurance?

a)

insurance that covers the whole or a part of the risk of a person incurring medical expenses

b)

where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person.

c)

A form of property insurance that covers losses and damages to an individual's house.

d)

A form of property insurance that covers damage to you car.

2.

What is the average cost of insurance in Illinois?

a)

$1332 per year

b)

$1000 per year

c)

None of the above/ below

d)

$966 per year

3.

What would homeowners insurance cover?

a)

Lawsuits

b)

Fire

c)

Earthquake

d)

All of the above

4.

Who needs this insurance?

a)

Home Renter

b)

A new car owner

c)

A new homeowner

d)

Someone that just had a spouse die

5.

What coverage can you get on your policy?

a)

ALE

b)

Personal Property

c)

Theft

d)

All of the above