Insurance Quiz

When is a teen required by law to have their own car insurance coverage?

• As soon as they get a learner's permit

• When they get a driver's license

• When they turn 18 years old

• Only if they are employed and driving

Why might some cars cost more to insure than others?

• Because they have better fuel (gas) efficiency

• Because they are newer, fancy/luxury car and they cost more to fix or replace

• Because they are made in the USA.

What can lower the cost of auto insurance besides driving a used car?

• Flashier and faster cars

• Higher insurance premiums

• Good safety ratings and newer safety features

What is the minimum insurance required by law for drivers?

• Full Coverage Insurance

• Liability Insurance

• Comprehensive Coverage

What does Full Coverage insurance pay for in the event of an accident?

• Only the other car to be fixed.

• Both your car and the other car to be fixed.

• Neither car; it only covers medical expenses.

Why is it recommended to invest time shopping around for car insurance policies?

• All car insurance providers offer the same rates.

• To find the policy that offers the best price.

Tags

CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

CCSS.RI.11-12.5

The money you agree to pay at regular times (monthly) for insurance protection is

• Premium

• Deductible

Life insurance provides financial security (money) to survivors (family) after the death of the insured

• True

• False

Liability insurance should be purchased by

• Owners of new cars

• Owners of expensive cars

• Owners of old cards

• All of the above-IT'S THE LAW

The type of car you drive affects the cost of your premium.

• True

• False