BUSN 380 STUDY Future Starts Here/busn380study.com BUSN 380 STUDY Future Starts Here/busn380study.com | Page 103

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
Question 9. 9. (TCO 4) If you are in an automobile accident for which
you were responsible, and you have _____ coverage within an
insurance policy, this covers the risk of financial loss due to legal
expenses, medical expenses, lost wages, and other expenses associated
with injuries caused by an automobile accident for which you were
responsible. (Points : 1)
medical payments
comprehensive insurance
uninsured motorists protection
no-fault insurance
bodily injury liability
Question 10. 10. (TCO 4) _____ coverage pays for medical care for
people who were injured in your automobile. (Points : 1)
Comprehensive
Bodily injury liability