Auto Insurance Vocabulary Multiple-Choice Questions

Front

What is the value of your vehicle or property at the time it was damaged?

Back

Actual Cash Value

Front

What is an estimate of the amount of damage to a vehicle after an accident?

Back

Appraisal

Front

Who is the person designated to receive funds under an insurance policy or will?

Back

Beneficiary

Front

What is the amount an insurance company pays when a claim is filed?

Back

Benefit

Front

Which coverage pays for injuries the policyholder causes to someone else?

Back

Bodily Injury Liability

Front

What is a request for reimbursement under an insurance policy?

Back

Claim

Front

Which coverage pays for damage to your car from an accident? Options: Comprehensive, Collision, Liability, Appraisal

Back

Collision

Front

Which coverage pays for non-collision damage like theft or fire?

Back

Comprehensive

Front

What is the amount you pay out of pocket before insurance covers the rest?

Back

Deductible

Front

What are changes made to an insurance policy, like adding a driver?

Back

Endorsements