Auto Insurance Assessment

Auto insurance often required by which of the following types of laws?

• Passenger Carrier Regulation

• Federal Motor Vehicle Safety Standards

• Financial Responsibility Laws

• National Traffic & Motor Vehicle Safety Act

Which type of insurance covers physical injuries to others caused by an accident for which the policy holder was responsible?

• Collision insurance

• Property damage liability

• Medical Payments coverage

• bodily injury liability

Which type of insurance covers costs if an individual is involved in a car accident with an uninsured driver?

• Property damage liability

• Uninsured motorist protection

• collision insurance

• bodily injury liability

Which term describes a group of people who cannot obtain an insurance policy due to poor driving record?

• Standard risk drivers

• Assigned risk pool

• Underage drivers

• Preferred risk drivers

Which type of insurance is required when a car is financed or leased?

• Comprehensive insurance

• Bodily injury liability

• Medical payments coverage

• Property damage liability