Insurance Basics

Insurance Basics

Assessment

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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