BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 86

A garage
Furniture
Appliances
A permanently installed air conditioning unit
Question 6. 6. (TCO 4) State Farm has provided a quote to you for an
umbrella policy. This type of policy provides coverage for (Points : 1)
expensive personal property.
additional buildings on your property.
property when traveling away from home.
major personal liability suits.
flood damage.
Question 7. 7. (TCO 4) Renter's insurance covers all but which of the
following? (Points : 1)
Medical expenses for injuries to visitors
Cost of legal action due to personal liability
Additional living expenses
Accidental damage to the property of others
Fire damage of the building's roof
Question 8. 8. (TCO 4) If claims need to be settled based on the current
replacement cost of a damaged or lost item less depreciation, then the
_____ method should be used. (Points : 1)
replacement value
actual cash value
umbrella
endorsement
personal property floater