Factors Affecting Car Insurance Rates Flashcard

Flashcard
•
Financial Education
•
12th Grade
•
Hard
Wayground Content
FREE Resource
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15 questions
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1.
FLASHCARD QUESTION
Front
Which factor can cause car insurance rates to vary by up to 318%? Options: Gender, Marital status, Yearly mileage, State requirements
Back
State requirements
2.
FLASHCARD QUESTION
Front
At what age do car insurance rates typically start to decrease?
Back
25
3.
FLASHCARD QUESTION
Front
Which type of vehicle is generally cheaper to insure? SUV, Convertible, Truck, Sedan
Back
Truck
4.
FLASHCARD QUESTION
Front
What is the potential increase in car insurance rates due to high-risk violations?
Back
20% to 200%
5.
FLASHCARD QUESTION
Front
Which factor is NOT considered by car insurance companies in California? Credit history, Car make and model, Yearly mileage, Driving record
Back
Credit history
6.
FLASHCARD QUESTION
Front
How much more do drivers with poor credit scores pay on average compared to those with good credit?
Back
71% more
7.
FLASHCARD QUESTION
Front
Which factor can cause car insurance rates to fluctuate by up to 91% in California? Options: Age, Zip code, Marital status, Gender
Back
Zip code
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