Insurance Basics

Flashcard
•
Business
•
12th Grade
•
Hard
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19 questions
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1.
FLASHCARD QUESTION
Front
Which of the following is NOT a type of auto insurance coverage? Liability Coverage, Collision Coverage, Health Coverage, Comprehensive Coverage
Back
Health Coverage
2.
FLASHCARD QUESTION
Front
What does liability coverage in auto insurance typically cover?
Back
Damage and injuries you cause to others
3.
FLASHCARD QUESTION
Front
Which factor is most likely to increase your auto insurance premium? Options: Having a clean driving record, Living in a rural area, Driving a high-performance sports car, Being over 25 years old
Back
Driving a high-performance sports car
4.
FLASHCARD QUESTION
Front
What is a deductible in the context of auto insurance?
Back
The amount you pay out of pocket before your insurance covers the rest
5.
FLASHCARD QUESTION
Front
Which type of auto insurance coverage is typically required by law?
Back
Liability Coverage
6.
FLASHCARD QUESTION
Front
What does comprehensive coverage in auto insurance typically cover?
Back
Damage from natural disasters, theft, or vandalism
7.
FLASHCARD QUESTION
Front
Which of the following is NOT a factor that affects auto insurance premiums? Your credit score, Your favorite color, Your driving history, Your age
Back
Your favorite color
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