Choose wisely. There is only one correct answer to each question.
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1.
In what areas of the country is earthquake insurance likely to be the most expensive?
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.
2.
Identity theft insurance will cover any amounts that are stolen from your bank accounts if your identity is stolen.
False. Identity theft insurance covers the money you spend to restore your identity, not amounts stolen during an identity theft incident.
3.
Which type of insurance covers ones home, the real property, and the personal property in it, as well as adjacent structures like a garage or shed, and also provides liability insurance in case somebody is injured on the property?
Comprehensive homeowners insurance. This breadth of coverage is why it is called comprehensive.
4.
Which of the following is a good way to keep your auto insurance rate as low as possible?
All of the above. All the above are good ideas.
5.
Who can purchase homeowners insurance for their home and personal property?
All of the above. You do not need to be a homeowner to have this form of insurance.