Types of Insurance

Of the different types of auto insurance coverage, which type protects only the other person involved in an accident?

• Liability
• Comprehensive
• Collision

Of the different types of auto insurance coverage, which type will pay for repairing your car?

• Liability
• Comprehensive
• Collision

Of the different types of auto insurance coverage, which type covers theft, vandalism, or if you hit an animal?

• Comprehensive
• Liability
• Collision

The amount of money you have to pay out of your own pocket when you file a claim before the insurance pays is called the _____________

• Premium
• Estimate
• Deductible
• Co-Pay

The amount you pay for an insurance policy (can be monthly, quarterly, or yearly)

• Rider
• Premium
• Deductible
• Co-Pay

Which of the following is a way to reduce the cost of your insurance premium?

• Good grades
• Number of miles you drive
• Where you live
• All answers are correct

Which of the following is a way to lower your insurance premium?

• have a good driving record

• be involved in sports

• have a parent with you at all times

• buy a sports car

Car B is not insured, what is one way Car A can have the damages paid for.

• If car A has liability coverage

• If car A has Under-insured Motorist coverage

• If car A has Uninsured Motorists coverage

• If car A has Comprehensive coverage

Who needs auto insurance?

• Nobody

• People that think they will get into an accident.

• All people who drive cars.

• People who can afford it.

A formal request made by the insurance policyholder to the insurance company for payment or services covered by the insurance policy.

• Claim

• Accident

• Premium

• Coverage