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Exam (elaborations)

FFM - Test Quizzes Complete Solutions 2025

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FFM - Test Quizzes Complete Solutions 2025

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FFM - Test Quizzes Complete Solutions 2025
Why do you need insurance?
a. to protect your assets in case of accident, fire, or other disaster.
b. to repair your assets when need be.
c. to protect your family's financial well-being.
d. all of the above. - ANSWER all of the above


the insurance declaration page states:
a. the type of insurance you have.
b. the maximum amount an insurance company will pay.
c. who is covered under the insurance policy.
d. all of the above - ANSWER all of the above


what type of auto insurance will you need in order to get your car repaired if you are in
a hail storm?
a. liability
b. collision
c. comprehensive
d. uninsured motorist - ANSWER comprehensive


if you are at fault in an auto accident, what insurance coverage will you need to get the
funds to have your car repaired?
a. liability
b. collision
c. comprehensive
d. uninsured motorist - ANSWER collision

, if you are at fault in an auto accident and your passenger sustains injuries and is
required to go to a hospital for treatment, what type of insurance will cover those
expenses?
a. liability
b. collision
c. comprehensive
d. uninsured motorist - ANSWER liability


you can purchase insurance only though an insurance agent who is licensed in your
state.
a. true
b. false - ANSWER false


an independent insurance agent can sell you insurance:
a. from only one company
b. from any company she represents
c. only for your automobile
d. chapter than purchasing insurance online - ANSWER from any company she
represents


your insurance deductible is: - ANSWER the amount you have to pay if you make an
insurance claim


minimum automobile liability insurance is: - ANSWER different in every state


insurance companies are regulate day which on of the following? - ANSWER the state(s)
in which they do business

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