Auto Insurance

​Auto Insurance

​By Jess, Sarah, Mary, Lucio

https://youtu.be/kHQVNVgVzD8

What auto insurance companies do you know of?

​https://youtu.be/jU259wR1zok

​https://youtu.be/m2vzNgEzrH8

​https://youtu.be/jBlq4eSLGbY

What does auto insurance cover?

All types of auto insurance covers any auto damage and if someone gets hurt in an accident. It is a contract between you and the insurance company that protects you against financial loss in the event of a car accident or car theft.

​SWBAT understand the need of car insurance and how important it is to have it.

Multiple Choice

Just for fun:

Which state does NOT mandate car insurance?

• Massachusetts

• Alabama

• Tenessee

• New Hampshire

*PIP (Personal Injury Protection)- Covers bodily injury caused by an uninsured driver and damage to someone else's property.

*Uninsured Motorist- Protects you if you're in an accident with an at-fault driver who doesn't carry liability insurance

*Underinsured Motorist- Steps in when you're in an accident with an at-fault driver whose liability limits are too low to cover the medical expenses of any injured people.

*Liability- Helps cover medical and legal fees if you're held legally responsible for someone else's injury, or damage to someone else's property.

*Collision- Helps pay to repair or replace your car if it's damaged in an accident with another vehicle or object

*Comprehensive- Helps pay to replace or repair your vehicle if it's stolen or damaged in an incident that's not a collision

Types of auto Insurance

Multiple Select

What are some of the types of auto insurance? (Multiple answers)

• Homes Owners

• Liability

• PIP

• Comprehensive

• Travel

Who needs auto insurance? Why?

​Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

​It is required by law!

​Who doesn't need auto insurance?

​Did you know?:

There are 28 million uninsured drivers in the US

Multiple Choice

Who needs auto insurance?

• All 50 states

• 25 states

• 49 states

• only 10 states

​How much can car insurance cover?

​Uninsured/underinsured motorist coverage. State minimum: $100,000 per person for bodily injury liability. $300,000 per accident for bodily injury liability.

​Did you know?: Flo's real name is Stephanie Courtney

​A payment of $2,014 per year for full coverage!

Multiple Select

What is the minimum motorist coverage for bodily injury liability? (Multiple answers)

• $300,000 per accident

• $100,000 per person

• $200,000 per person

• $200,000 per accident

Fill in the Blank

$____ per year for full coverage! (Use a comma)

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Example of Someone's experience with car insurance.

Jessica's Family: We were pulling out of a parking spot and cut the wheel too sharp. We popped our tire completely and ripped off the front bumper of a co-workers vehicle. They called insurance companies. Our insurance sent a check to get the co-workers bumper fixed. The co-worker had to get an estimate and send it to our insurance to create the check. Most likely a collision payment.

Draw

Draw the example scene