Home > Basics > Beginner
Basics Beginner: Property and Auto Insurance

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
Which of the following is a good way to keep your auto insurance rate as low as possible?
Choose wisely. There is only one correct answer.
All of the above. All the above are good ideas.
2.
Which of the following does a gap insurance policy cover on a vehicle?
Choose wisely. There is only one correct answer.
The difference between the loan balance and the cash value of the vehicle. That is the meaning of the "gap."
3.
Which of the following is a way to keep your auto insurance rate down?
Choose wisely. There is only one correct answer.
Reduce your collision coverage on older, less-valuable vehicles.
4.
Who can purchase homeowners insurance for their home and personal property?
Choose wisely. There is only one correct answer.
All of the above. You do not need to be a homeowner to have this form of insurance.
5.
In what areas of the country is earthquake insurance likely to be the most expensive?
Choose wisely. There is only one correct answer.
Near the coasts where earthquakes tend to occur the most frequently. The areas of the country that are most likely to have expensive earthquake insurance are near the coasts where earthquakes tend to occur the most frequently.