Auto Insurance - Knowledge Check #1

This type of auto insurance coverage pays to repair the other driver's car if you caused the accident. It also pays for the other driver's medical bills

• Liability coverage

• Collision coverage

• Comprehensive coverage

• Medical payments coverage

This type of auto insurance coverage pays to repair you car after an accident that you caused.

• Liability coverage

• Collision coverage

• Comprehensive coverage

• Uninsured motorist coverage

This type of auto insurance coverage covers you if you are hit by someone who doesn't have auto insurance.

• Liability coverage

• Underinsured motorist coverage

• Collision coverage

• Uninsured motorist coverage

Most auto insurance policies cover people driving your car with your permission

• True

• False

Most auto insurance policies cover equipment not permanently installed in/on your car

• True

• False

Auto insurance policies usually cover rental cars, however, it is a good idea to call your insurance agent to check if a rental car is covered under your insurance policy.

• True

• False

The ________ is the amount of money you must pay, for a covered loss, before the insurance pays the claim.

Collision and Comprehensive coverages don't have dollar amount limits.

• True

• False

Which of the following can be considered when an auto insurance company calculates your insurance premium (you may choose more than one answer)

• Your driving record

• Where you live

• Your credit score

• Your age

When you buy insurance, you are transferring ______.