Auto Insurance Quiz

A legal contract that transfers risk from a policyholder to an insurance provider.

• Premium

• Claim

• Loss

• Insurance Policy

• Limit

What you pay the insurance company for covering your RISK.

• Premium

• Claim

• Loss

• Deductible

• Limit

Your notice to the insurance company that a loss has occurred.

• Premium

• Claim

• Loss

• Deductible

• Limit

The cost in dollars of property damage or injuries covered in your policy.

• Premium

• Claim

• Loss

• Deductible

• Limit

The maximum amount you will receive for a specific type of coverage.

• Premium

• Claim

• Loss

• Deductible

• Limit

What you pay out of pocket before the insurance company pays your claim.

• Premium

• Claim

• Loss

• Deductible

• Limit

Pays for theft, or damage to your car not caused by a collision, i.e., vandalism, weather.

• Comprehensive

• Collision

• Bodily Injury

• Medical or personal injury

• Property damage liability

Pays for damage to your car caused by hitting something,  i.e., a wall, vehicle.

• Comprehensive

• Collision

• Bodily Injury

• Medical or personal injury

• Property damage liability

Pays for injuries that happen to others in an auto accident that is your fault.

• Comprehensive

• Collision

• Bodily Injury

• Medical or personal injury

• Property damage liability

Pays accident-related medical bills for you and your passengers, regardless of who’s at fault.

• Comprehensive

• Collision

• Bodily Injury

• Medical or personal injury

• Property damage liability