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FinCap Friday: When Water Does Damage

Total questions: 5

Worksheet time: 2mins

Name
Class
Date
1.
Scientists have found that the number of people at risk of experiencing extreme flooding ________.
a)
Grew significantly over the past 20 years
b)
Decreased significantly over the past 20 years
c)
Has not changed over the past 20 years
2.
Which of the following is not covered by homeowners insurance?
a)
Damages due to a fire
b)
Damages due to flooding
c)
A tree falling on the roof
d)
Theft of items in your home
3.
Who pays more in premiums for flood insurance?
a)
People living in areas at no risk of flooding
b)
People living in areas at low risk of flooding
c)
People living in areas at high risk of flooding
d)
People living in areas at moderate risk of flooding
4.
T or F? If you leave cash home & it gets destroyed in a flood, it's covered by flood insurance & you get the money back.
a)
True
b)
False
5.
Why are insurance policies so difficult for the average person to read and understand?
a)
Insurance companies want less people to sign up for their policies
b)
Insurance companies don’t want people to read the policies
c)
Insurance companies need to make sure the legal documents hold up in court
d)
None of the above