The amount the policyholder must pay per loss before the insurance company will pay anything.
-deductible
-premium
-liability
-hazard

Hurricane -- peril or hazard?

If you have an Actual Cash Value (ACV) policy and your property is damaged, ...
-you will only get the depreciated value of your property
-you will get a new replacement of your property

Anything that increases the likelihood of loss through a peril.
-peril
-liability
-hazard
-negligence

Unlocked pool gate -- peril or hazard?

Which two types of coverage are best for single-family homes?
-HO 7 & HO 4
-HO 3 & HO 5
-HO 1 & HO 2

The failure to take ordinary or reasonable care to prevent accidents from happening.
-peril
-liability
-hazard
-negligence

Greta is moving into her first apartment. To REDUCE THE RISK of theft, she should ...
-move into a house instead
-Put money into a savings account
-Purchase renters insurance
-put deadbolt locks on doors and purchase an alarm system

Which plan would make you able to repair or rebuild your home up to the original value?

Anything that may cause a loss.
-peril
-liability
-hazard
-negligence

Bernie wants to insure his antique plates that are worth over $25,000. He should...
-"declare" the plates and get specific coverage for them
-do nothing. They are already covered by his HO insurance

Are natural disasters covered in HO insurance?