Auto Insurance Review for Test

Lee's car needs a $2000 repair and he has a $500 deductible with his auto insurance. How much will the insurance pay for repairs?

• $2000

• $1400

• $1500

• #1600

What is the definition of vehicle type?

• Year, Make and Model of Vehicle

• Color of Vehicle, Type of Vehicle, Where you bought it

• Dealership Name

• Salesman Name and Experience

Request for the insurance company to pay

• Accident

• Deductible

• Claim

• Coverage

How many states require Auto Insurance?

• 50

• 49

• 51

• 48

Type of coverage that fixes your vehicle if you cause an accident?

• Uninsured Motorist

• Collision

• Liability

• Comprehensive

Adding a teen with a learner's permit to an insurance policy typically

• Does not increase premiums

• Increases premiums by a smaller amount than having a license

• Increases premiums by 130-140%

• Increases premiums only for liability coverage

If you choose to have a higher deductible, you will usually have

• Lower coverage

• Higher coverage

• Higher premiums

• Lower premiums

Insurance companies will often give discounts for

• Drivers who have 10 years or more driving experience

• Vehicles used primarily for a job

• Multiple policies

• Vehicles that were bought used

Protection against a possible financial loss

• Insurance

• Coverage

• Policy

• Claim

A fee for insurance

• Quote

• Payment

• Deductible

• Premium