Murphy's Law Quiz
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Questions and Answers

What is the purpose of filing an insurance claim?

  • To avoid dealing with the insurance company
  • To increase the insurance company's profits
  • To receive money to help pay for repairs and other expenses caused by a policy event (correct)
  • To report the incident without expecting any financial assistance
  • What does an insurance adjuster do after a claim is filed?

  • Deny the claim without investigation
  • Investigate what happened (correct)
  • Automatically approve the claim
  • Assess the claimant's financial situation
  • What does the Insurance Information Institute report about homeowners filing claims?

  • About one in 20 insured homeowners file a claim each year (correct)
  • None of the insured homeowners file a claim each year
  • Nearly all insured homeowners file a claim each year
  • Only one in 100 insured homeowners file a claim each year
  • When does a claimant receive money after filing an insurance claim?

    <p>After the claim is validated and approved</p> Signup and view all the answers

    What is the purpose of having the right types of insurance in place?

    <p>To protect from financial ruin after the unthinkable happens</p> Signup and view all the answers

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