Car Insurance

Car Insurance

Assessment

Flashcard

Mathematics

12th Grade

Hard

CCSS
RI.11-12.5, RI.9-10.5, RI.8.5

+4

Standards-aligned

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15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is a deductible in car insurance?

Back

The out-of-pocket money paid by a policyholder before an insurance company will cover the remaining costs caused by a loss.

2.

FLASHCARD QUESTION

Front

What does risk mean in the context of car insurance?

Back

Chance or possibility of injury, damage, or loss that someone may want an insurance policy to cover.

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.8.5

CCSS.RI.7.5

CCSS.RI.6.5

3.

FLASHCARD QUESTION

Front

What is considered a loss in car insurance?

Back

Death, injury, or damage that could result in an insurance claim.

4.

FLASHCARD QUESTION

Front

What happens if you are at fault in a car accident?

Back

You will get a ticket from a police officer.

5.

FLASHCARD QUESTION

Front

How does the deductible affect the premium in car insurance?

Back

The higher the deductible, the lower the premium.

6.

FLASHCARD QUESTION

Front

What is a premium in car insurance?

Back

The amount of money a policyholder pays for their insurance coverage.

7.

FLASHCARD QUESTION

Front

What is co-insurance in car insurance?

Back

A cost-sharing agreement where the policyholder pays a certain percentage of the costs after the deductible is met.

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