Insurance - auto

Of the four parts of auto insurance coverage, which part protects only the other person involved in an accident?

• Liability
• Comprehensive
• Collision
• Medical Payments/Bodily Injury

Of the four parts of auto insurance coverage, which part protects your from acts of God?

• Comprehensive
• Liability
• Collision
• Medical Payments/Bodily Injury

Of the four parts of auto insurance coverage, which part will pay for repairing your car?

• Liability
• Comprehensive
• Collision
• Medical Payments/Bodily Injury

Of the four parts of auto insurance coverage, which part will pay for injuries to passengers or pedestrians and funeral expenses?

• Medical Payments/Bodily Injury
• Collision
• Comprehensive
• Liability

The color of your vehicle can increase the cost of your insurance premiums.

• True
• False

The amount of money you have to pay out of your own pocket before the insurance pays is called the _____________

• Premium
• Estimate
• Deductible
• Co-Pay

The amount you pay for an insurance policy.

• Rider
• Premium
• Deductible
• Co-Pay

How you deal with the chance of potential personal or financial loss is called risk management or risk pooling.

• True
• False

Which of the following is a way to reduce the cost of your insurance premium?

• Good grades
• Number of miles you drive
• Where you live
• All answers are correct

Which of the following would you choose if you want a variety of premium quotes?

• Insurance Agent
• Insurance Broker
• Insurance Actuary
• Insurance Claims Adjuster