Fall Test 2: Risk, Buying a Car & Credit Score

Front

Sixteen-year-old drivers have __ times the risk of being in a crash compared to 18-year-old drivers.

Back

3

Front

In exchange for a relatively small payment (your ______), you're protected against the chance of a big financial setback.

Back

premium

Front

What is insurance?

Back

Protection against large-scale financial loss

Front

Which of the following is a type of insurance? Automobile, Health, Disability, All of the above

Back

All of the above

Front

What type of insurance provides coverage for personal property and liability for renters?

Back

Homeowners/Renters

Front

What does Underinsured Motorist coverage mean in auto insurance?

Back

It covers damages when the at-fault driver has insufficient insurance.

Front

How does mileage influence the cost of an auto policy?

Back

Higher mileage generally increases the cost.

Front

How does driving record influence the cost of an auto policy?

Back

A good driving record typically lowers the cost.

Front

What is the main difference between Homeowner’s insurance and Renter’s Insurance?

Back

Homeowner’s insurance covers the building and personal property, while Renter’s Insurance only covers personal property.

Front

What is the range of a typical credit score?

Back

300-850