Property Insurance Unit 4/Chapter 20
1. Insurance that protects you from the financial loss you would incur if some
of your property were lost or destroyed due to fire, theft, vandalism, flood,
or other hazard is___________________
2. Home and property insurance protect you against three kinds of economic
loss.
a.
b.
c.
3. You should insure your home and other expensive property
for damage from: (Damage to Home or Property (20.2.1)
a.
b.
c.
d.
e.
f.
g.
4. Additional Living Expense (20.20.1)This insurance feature helps to pay
for:
5. Personal Liability Coverage (What is it? What does it do?)
6. What decision must you make when purchasing property insurance?
There is a specific word used. ______________
7. List 5 types of “peril”
a.
b.
c.
d.
e.
8. What does “renters insurance" cover? (20.2.1)
9. What type of information is needed should you make a claim?
a.
b.
c.
[Link] does a renters policy differ from homeowners insurance?