True or False:
1. Insurance premiums vary little in price. True False
2. Car insurance and home insurance premiums are always priced separately with no discounts for obtaining a policy from the same carrier. True False
3. Personal property insurance coverage is basically a one-size-fits-all policy for most homeowners. True False
4. Once you get your home or auto insurance, it's a good idea to update your coverage periodically. True False
5. A security system can save as much as 15 to 20 percent on your home insurance premium. True False
6. Certain expensive items such as jewelry or computer equipment may not be covered for their full value in your current policy. True False
7. Reconstruction costs are basically the same for most types of homes destroyed by fire or other disasters. True False
8. The more details you know about what you own and what you paid for it, the better your chances are of being fully reimbursed by your policy. True False
9. Group rates offered by business associations or employers can be very competitive. True False
10. Most policies cover homeowners for flood damage. True False
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