Auto Insurance: Full Coverage

Understanding Auto Insurance: Full Coverage

Multiple Choice

Look down.

Is your phone out? If so, make it disappear.

Is your phone out?

• Yes

• No

Types of Auto Insurance

There are many different types of car insurance products available to consumers.
Five most common types of auto insurance coverages are:
- liability
- collision
- comprehensive
- personal injury protection
- uninsured motorist.

Remember...

Liability ONLY pays for the others person's damages.
Liability DOES NOT pay for ANY OF YOUR DAMAGES! NOT A PENNY!
Hope you have duct tape or...

Collision
Read the information below. Be prepared to answer questions, so I can ensure you comprehended what you read.

• replaces your car or pays for the repairs to your car if you cause an accident.

• if your car is totaled in an accident, collision coverage will pay the value of your car.

• if you are making payments on your car, this is required.

• if your car is older (low value), it may not be worth carrying collision coverage .

• NOT required in Texas, but your financial risk is HIGH without it.

Dropdown

Collision insurance will repair

Select answer

if I caused an accident.

Fill in the Blanks

Is collision coverage mandatory in Texas?

Open Ended

What does the term totaled mean?

*if you are not sure, open a new tab to search for information

Comprehensive
Read the information below. Be prepared to answer questions, so I can ensure you comprehended what you read.

• covers the cost if your car is stolen, damaged by weather, or damaged by vandalism.

• if you have a loan on your car, comprehensive coverage is required

• NOT required in Texas, but your financial risk is HIGH without it.

Multiple Choice

Your ex-girlfriend (you think) writes "I hate you" with spray paint on the side of your car.

She also takes a hammer to your windows.

Based on what you read, will comprehensive insurance cover this?

• No, it doesn't cover angry people

• Yes, it covers this situation.

Personal Injury Protection

• covers medical expenses for you and for your passengers due to an accident regardless of who is at fault

• only 15 states require PIP

• not required in Texas

Fill in the Blanks

Is personal injury protection required in Texas?

Uninsured Motorist Coverage

• ​people will break the law

• 25% of drivers are uninsured

• this coverage will pay for your medical bills and car repairs if an uninsured driver causes an accident

• about half of the states require this

• not required in Texas

Fill in the Blanks

Is uninsured motorist coverage required in Texas?

Open Ended

What does uninsured motorist coverage protect you from?

Multiple Choice

Scenario #1

You currently carry liability insurance only.

You swerve into another lane and dent another person's car and dent your own car.


Who will pay to fix the dent in your car?

• The other person you hit

• Your insurance company

• You, you will pay with your own money.

Multiple Choice

Scenario #2

You currently carry liability, comprehensive and collision auto insurance.

You swerve into another lane and dent another person's car and dent your own car.


Who will pay to fix the dent in your car?

• The other person you hit

• Your insurance company

• You, you will pay with your own money.

Multiple Choice

Scenario #3

You currently carry liability, comprehensive and collision auto insurance.

You left an Astros game and your truck was missing. You call the police to report the theft.


Who will pay to replace your vehicle?

• The other person you hit

• Your insurance company

• You, you will pay with your own money to replace your car.

Multiple Choice

Scenario #4

You currently carry liability insurance only.

You left a Rockets game and your new Mercedes (you paid cash for it) was missing.

You call the police to report the theft.


Who will pay to replace your vehicle?

• The other person you hit

• Your insurance company

• You, you will pay with your own money to replace your car.

Multiple Choice

Scenario #5

You currently carry liability insurance only.

You were distracted while driving and caused a horrible accident. Your car is totaled and you and your passenger are in the hospital in critical condition.


Who will pay to replace your vehicle?

Who will pay for your medical bills?

• The other vehicle in the accident is responsible.

• Your insurance company will replace your car and pay some of your medical bills.

• You must replace your own vehicle.

  You are responsible for your own medical bills.