Insurance Knowledge Quiz

What does liability insurance cover?

• Property damage and injuries you cause if you are at fault

• Damage to your own vehicle regardless of fault

• Medical expenses for the other driver

• Theft of your vehicle

What is uninsured/underinsured motorist (UM) coverage?

• Coverage for damage to your vehicle from natural disasters

• Coverage for medical expenses and lost wages if an uninsured driver hits you

• Coverage for routine vehicle maintenance

• Coverage for rental car expenses

Why is driving without auto insurance risky?

• It is against the law and could cost you significantly in an accident

• It increases your vehicle's fuel efficiency

• It allows you to drive faster

• It improves your vehicle's resale value

What does Personal Injury Protection (PIP) cover?

• Damage to your vehicle from floods

• Medical expenses for you and your passengers

• Injuries to you and your passengers, lost wages, rehabilitation costs

• Animal strikes

What is covered under Medical Payment Coverage?

• Car theft

• Medical expenses for you and your passengers if injured in an accident

• Vandalism

• Falling objects

What does Comprehensive and Collision Coverage pay for?

• Lost wages

• Medical expenses

• Damage to your vehicle, car theft, and damage due to floods, hail fire, vandalism

• Rehabilitation costs

How does a deductible affect your insurance premium?

• Higher deductible means higher premium

• Lower deductible means lower premium

• Higher deductible means lower premium

• Deductible does not affect premium

What does dwelling coverage in home insurance typically cover?

• Personal belongings

• Injuries to others

• Roof to floors; fire, wind, theft, or vandalism

• Additional living expenses

Which type of coverage pays for injuries or property damage you accidentally cause to others?

• Dwelling coverage

• Liability coverage

• Personal property coverage

• Additional living expenses

What is covered under personal property coverage in home insurance?

• Shed and fence

• Roof to floors

• Personal belongings

• Injuries to others