How to Compare Insurance Quotes With AI Quiz

Answers and explanations appear as you take the quiz.

1. In an auto liability limit written as 100/300/100, what does the 300 stand for?
   • $300,000 of property damage coverage
   • $300 deductible for collision
   • $300,000 of bodily injury coverage per accident
   • $300,000 of bodily injury coverage per person
2. A homeowners quote covers personal property at actual cash value. How does that differ from replacement cost?
   • Actual cash value subtracts depreciation
   • Actual cash value pays more than replacement cost
   • Actual cash value only applies to flood
   • They pay out exactly the same
3. How is a 2% wind and hail deductible calculated on a homeowners policy?
   • 2% of the annual premium
   • 2% of the claim amount
   • A flat $2,000
   • 2% of the dwelling coverage limit
4. Which peril do standard US homeowners and renters policies generally exclude, usually requiring a separate policy?
   • Theft
   • Flood
   • Fire
   • Liability for guest injuries
5. The guide says a quote is not the policy. Where do the binding terms actually live?
   • In the AI-generated comparison table
   • In the insurer's advertising
   • In the policy form, declarations page and endorsements
   • In the agent's email summary
6. Where does the guide suggest looking to learn how well an insurer handles claims, something AI cannot judge?
   • Your state insurance department and NAIC consumer complaint data
   • The insurer's own marketing materials
   • The AI's star rating for each company
   • The lowest premium in your comparison
7. Why are scanned or photographed quotes more likely to produce AI extraction errors?
   • Scans are always in a foreign language
   • AI refuses to read images
   • Scanned quotes leave out the premium
   • OCR can misread digits and lose the table structure
8. Which instruction does the guide recommend so the AI doesn't fill gaps in a quote with guesses?
   • Ask the AI to estimate any missing values
   • Tell it to write "not stated" when a value isn't in the document
   • Ask for the average of the other quotes
   • Skip fields the insurer didn't list