Which of the following statements concerning flood insurance is false?
A) You can only purchase flood insurance if you are in a Special Flood Hazard Area.
B) If you are in a Special Flood Hazard Area you will only be extended a mortgage if you have flood insurance.
C) You need to contact a private insurer to purchase federal flood insurance.
D) Flood insurance is subsidized by the federal government.
Correct Answer:
Verified
Q73: With 100/300/10 split auto liability limits,the maximum
Q74: The most needed auto coverage is
A)personal liability.
B)collision.
C)other-than-collision.
D)medical
Q75: Standard formats exist for
A)auto policies but not
Q76: If you purchased automobile insurance coverage with
Q77: Which of the following statements is false?
A)Insurance
Q79: In the stilted language of auto policies,the
Q80: If you are sued for monetary losses
Q81: In several states requiring no-fault insurance,
A)you are
Q82: Pure risk can always be eliminated by
Q83: In states with no-fault auto insurance
A)you may
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents