Test Your Insurance Knowledge By 3Rs | November 5, 2020 Test Your Insurance Knowledge What is the first thing to do after a fire or flood? A. B. C. Should you wait to call a contractor till after an adjuster has been out to look? Yes No What does your “deductible” mean? A. B. C. What is depreciation? A. B. C. Do you have to use the contractor your insurance company recommends? Yes No Does insurance cover the cost of additional damage that happens after the original claim? A. B. C. Does insurance cover you if you make a mistake? A. B. C. Time is Up!