What is Automobile Insurance?

What is Automobile Insurance?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial explains various types of automobile insurance coverages, including liability insurance, which covers damages to third parties caused by the insured vehicle. It also covers collision insurance, which deals with damages to the insured vehicle itself, and comprehensive policies that offer broader coverage, including theft and mechanical issues. Additionally, the video discusses uninsured and underinsured motorist coverage, which protects the insured when the at-fault party cannot be identified or is unable to pay. The tutorial concludes with a mention of special coverages available under automobile policies.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the function of uninsured/underinsured motorist coverage.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some examples of special coverages that can be included in an automobile policy?

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