Business Law - Auto Insurance Law

This type of auto insurance would cover the cost of medical bills caused by you hitting a pedestrian.

• Assigned-risk

• Bodily-injury liability

• Collision

• Property-damage liability

This type of auto insurance would cover the cost of damages caused by a lightning strike...

• Assigned-risk

• Comprehensive

• Collision

• Towing

This type of insurance would cover the cost of damages you cause by backing over a mailbox...

• Comprehensive

• Assigned-risk

• Property-damage liability

• Collision

The amount of money you pay upfront (monthly or every six months) to your Auto Insurance Company to start your insurance coverage is called the...

• Policy

• Deductible

• Premium

• Estimate

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

• Comprehensive

• Liability

• Collision

• Medical Payments/Bodily Injury

Of the parts of auto insurance coverage, which part will pay for repairing your car if you've been in an accident?

• Liability

• Comprehensive

• Collision

• Medical Payments/Bodily Injury

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

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

Insurance designed to pay for the repair or replacement of the policy owner's car in the event of damage NOT resulting from an auto accident, such as hail or fire:

• total coverage

• comprehensive coverage

• liability

• replacement coverage

The owner of an insurance policy

• risker

• parent

• insurer

• policyholder