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Homeowners & Renters Insurance

Total questions: 11

Worksheet time: 7mins

Name
Class
Date
1.

Who needs renters insurance?

a)

Abraham Lincoln

b)

Anybody renting or leasing a home

c)

Anybody that owns or wants to own a home

d)

Anybody that owns a car, and hopes to drive it

2.

What are the different options for Homeowners Insurance?

a)

Acts of War Coverage

b)

Acts of God Coverage

c)

Additional Living expenses

d)

Burrito Damages Coverage

3.

What are the different options for Renters insurance

a)

Acts of War Coverage

b)

Acts of God Coverage

c)

Tax Coverage

d)

Actual Cash Value

4.

Who needs Homeowners Insurance

a)

George Washington

b)

Somebody who wants to make furniture

c)

Anybody that wants to or owns a home

d)

Anybody who rents or leases a home

5.

What will renters insurance typically cover?

a)

If an important item becomes unusable

b)

If I nearly drop my croissant

c)

If the road works ahead

d)

If some negative liability were to occur

6.

What options might a Homeowners plan have?

a)

Acts of God Coverage

b)

Acts of War Coverage

c)

Actual Cash Value (ACV)

d)

Replacement Value

7.

ACV: Actual Cash Value

a)

True

b)

False

8.

Coverage: the amount yearly to be paid before insurance gets involved

a)

True

b)

False

9.

Dwelling Coverage: insurance coverage for the home.

a)

True

b)

False

10.

ALE: Additional Living Expenses

a)

True

b)

False

11.

On a scale of 1-4, how valuable is Homeowners' & Renters' insurance?

a)

1

b)

2

c)

3

d)

4