2024 Insurance Quick Check

2024 Insurance Quick Check

Assessment

Flashcard

Social Studies

12th Grade

Hard

Created by

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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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