insurance

A stone hits your windshield. Which type of coverage would likely cover this expense?

• Collision

• Liability

• Comprehensive

• None

What factors impact the cost of your auto insurance premium?

• Deductible amount

• The vehicle you are insuring

• Your credit score

• Your income

Which of the following wouldn't save you money on your auto insurance premium?

• Decrease your deductible

• Reduce or eliminate optional insurance on an older vehicle

• Maintain a good credit history

• Bundle your insurance with other policies

Jennifer has an auto policy of $20,000/$40,000/$10,000. The $10,000 covers

• Per person bodily injury

• Property damage per occurrence

• Per occurrence bodily injury limit

• Total amount of insured coverage

A policy is a contract between the

• Policyholder and the injured person

• Driver and the government

• Consumer and the insurance company

• Consumer and the insurance agent

Which of the following would be covered under a renter's insurance policy?

• Damage to the exterior of the property

• Medical bills of another person who is injured on the property

• Your roommate's personal belongings in the rental unit

• Damage to a detached shed on the property

What information is typically listed on an insurance policy?

• Name of person or property being insured

• Actual Cash Value of the property being insured

• Deductible amounts

• The policy period

True or False: Insurance is based on the concept of shared risk, or risk pooling.

• True

• False

Which insurance coverage is required by law?

• Homeowners insurance

• Auto insurance

• FDIC

• Disability insurance

The amount paid for insurance is the

• closing cost
• premium
• deductible
• assessed value

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5