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Homeowners Insurance for Financial Literacy Flashcards | StudBud

Explore/Homeowners Insurance for Financial Literacy

What Is the type Of Insurance?

What is HO-4?

Homeowners Insurance for Financial Literacy

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A blindQuiz For Financial Literacy

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Questions 10

Answers

1
What is HO-4?
covers everything an HO-3 does
Also known as a special form
This is also known as renters insurance
covers your car
2
What Is the type Of Insurance?
covers house and assets
covers your property
covers your car
covers health
3
what does homeowner Insurance protect you from
Answer 1 & 2
Fire
Robbers
you stepping on a tac
4
What is a HO-7?
same as an HO-5
same as an HO-4
same as an HO-2
same as an HO-3
5
What is a HO-6?
covers people who don't have a condo
can spread to floors wall and ceilings
also known as a condo insurance
6
What is HO-5?
Same thing as an HO-2
There are some things that are usually left out
This covers your health
Every policy can be different
7
What is a HO-8?
Has some different policies as an HO-3
covers your car
Known as an older home form
covers your health
8
What Is the HO-1?
It covers Ten things that could damage your home or assets
It covers one thing that could damage your car
It covers nine things that could damage your health
It covers five things that could damage your home or assets
9
What is HO-2
Covers everything in an HO-1 and more
Covers some things in an HO-1
Covers everything in the HO-1
Completely different than an HO-1
10
What is HO-3
Every policy is different
This is sometimes used
This is the most common type of homeowner insurance
No one ever uses this type