

2024 Insurance Quick Check
Flashcard
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
Sara has car and homeowners insurance with State Farm. The amount of money she pays each month to State Farm is called the
Back
Premium
2.
FLASHCARD QUESTION
Front
The legal contract that sets out the coverage and exceptions of Sara's insurance with State Farm is called
Back
policy
3.
FLASHCARD QUESTION
Front
What is the portion of Sara's responsibility for each event called when her car was damaged during the hurricane?
Back
deductible
4.
FLASHCARD QUESTION
Front
This is called Sara's: Sara left work early because she felt sick. When she got to the doctor's office, they told her that her insurance company requires her to pay $30 per visit.
Back
Co-pay
5.
FLASHCARD QUESTION
Front
What are the four types of automobile insurance coverage?
Back
No fault, collision, comprehensive, liability
6.
FLASHCARD QUESTION
Front
Which insurance pays for damage to other people's property caused by you, but does NOT cover damage to your property?
Back
liability
7.
FLASHCARD QUESTION
Front
People should purchase insurance to protect the value of your assets and protect against ________ loss.
Back
financial
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