Car Insurance

Car Insurance

Assessment

Flashcard

Social Studies

11th Grade

Hard

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46 questions

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1.

FLASHCARD QUESTION

Front

Insurance premiums refer to the amount that you are expected to pay before your insurer pays your claim. True or False?

Back

False

2.

FLASHCARD QUESTION

Front

Auto liability is required in almost every state in the United States.

Back

True

3.

FLASHCARD QUESTION

Front

Your deductible is the amount you can expect to receive from your insurance company in the event of an accident.

Back

False.

4.

FLASHCARD QUESTION

Front

If a bank or dealership holds a lien on your vehicle, are you responsible to carry full coverage, including comprehensive insurance?

Back

True

5.

FLASHCARD QUESTION

Front

Actual cash value refers to the amount of money you can expect to receive should your insurer declare your vehicle a “total” loss.

Back

True

6.

FLASHCARD QUESTION

Front

Your home address could factor into your insurance premiums.

Back

True

7.

FLASHCARD QUESTION

Front

Policies with lower coverage requirements typically have higher premiums.

Back

False

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