Insurance Knowledge Quiz - Fill in the Blank

Your monthly payment to maintain insurance coverage is called a(n) ______________.

• premium

• deductible

• copayment

• coinsurance

When you visit the doctor, the fixed amount you pay out of pocket is called a(n) ______________.

• co pay

• deductible

• premium

• out-of-pocket maximum

If your car is damaged in an accident that was your fault, ______________ would cover the repairs.

• collision insurance

• liability insurance

• comprehensive insurance

• personal injury protection

The amount you must pay before insurance coverage kicks in is called a(n) ______________.

• deductible

• premium

• copayment

• coinsurance

Instructions: Fill in the blank with the correct term from the word bank. ______________ covers damage to your house caused by natural disasters like hurricanes.

• homeowners insurance

• car insurance

• life insurance

• health insurance

If you hit another car and damage it, ______________ would pay for the other driver's repairs.

• liability insurance

• collision insurance

• comprehensive insurance

• personal injury protection

Instructions: Fill in the blank with the correct term from the word bank. Some terms may be used more than once. The basic amount of car insurance required by law is called the ______________.

• state minimum

• comprehensive coverage

• collision coverage

• full coverage

When your house catches fire, ______________ would cover the damages.

• homeowners insurance

• car insurance

• life insurance

• travel insurance

If your car is stolen from your driveway, ______________ would cover the loss.

• auto insurance

• home insurance

• life insurance

• health insurance

When you need surgery, ______________ helps pay for the medical expenses.

• health insurance

• car insurance

• home insurance

• travel insurance