Insurance

Front

Which type of insurance is the lowest priority for a single, working, 24-year-old? Options: Health insurance, Life insurance, Auto insurance

Back

Life insurance

Front

Why do you need insurance?

Back

To protect what you own and your wallet

Front

What you pay to use your insurance after an accident is called...

Back

Deductible

Front

This professional calculates risks and premiums using statistics.

Back

Actuary

Front

Which coverage would cover a stone hitting your windshield?

Back

Comprehensive

Front

Each of these factors impacts your insurance premium EXCEPT... Deductible amount, The vehicle you are insuring, Your credit score, Your income

Back

Your income

Front

Which of the following WOULD NOT save you money on auto insurance? Reduce or eliminate optional insurance on an older vehicle, Maintain a good credit history, Bundle your insurance with other policies

Back

Decrease your deductible

Answer explanation

Decreasing your deductible actually increases your premium, as you are agreeing to pay less out-of-pocket in the event of a claim. The other options can help lower your insurance costs.

Front

Jennifer's auto policy of $20,000 per person/$40,000 per accident/$10,000 per property damage: The $10,000 covers

Back

Property damage per occurrence

Front

A policy is a contract between the

Back

You and the insurance company

Front

Until what age can a child stay on their parents' health insurance?

Back

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