menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 15
  4. Exam
    Exam 10: Property and Motor Vehicle Insurance
  5. Question
    Nick Wilson Owns a Home in Edmond,Oklahoma and Pays $795
Solved

Nick Wilson Owns a Home in Edmond,Oklahoma and Pays $795

Question 85

Question 85

Multiple Choice

Nick Wilson owns a home in Edmond,Oklahoma and pays $795 per year in insurance on the home.The $795 fee is an example of a:


A) peril.
B) hazard.
C) risk.
D) premium.
E) liability.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q80: Homeowner's insurance refers to coverage also available

Q81: Your home insurance policy has a $500

Q82: Which of the following is considered personal

Q83: What type of personal liability coverage is

Q84: Personal risks are the uncertainties surrounding the

Q86: Which of the following might qualify Amy

Q87: An umbrella policy is designed to cover:<br>A)expensive

Q88: Homeowners can obtain $10,000 coverage for sewage

Q89: An assigned risk pool:<br>A)exists in every state.<br>B)reduces

Q90: If a homeowner leaves toys on stairs

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines