Question 6 5 pts If your home has a value of $75,000, you cannot insure it for $100,000. This is based on the principle of indemnity o O law of averages law of reciprocity principle of insurability Question 7 5 pts The amount of a loss that must be paid by an insured before the insurance company will pay any insurance benefit is known as the Coinsurance deductible up-front fee premium Question 16 5 pts than average rate for your auto and If you have a(n) ___ credit score, you will probably pay a homeowner's insurance. low; lower O O average; higher high; lower high; higher Question 17 5 pts Bodily injury auto insurance coverage includes all of the following except legal defense costs and judgments against you if you lose in court injuries caused by an uninsured motorist or a hit-and-run driver Od medical costs for you and any passengers injured in an auto accident living expenses for you and any passengers injured in an auto accident Question 14 5 pts An umbrella policy is a policy purchased to supplement other property and liability insurance coverage provide coverage for rain, snow, and hail damage provide excess personal property coverage An umbrella policy is a policy purchased to supplement other liability insurance coverage