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Financial Algebra Review: Car Insurance Vocabulary

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which of the following insurances cover people, not things? (Select all that apply)

a)

Bodily Injury Liability (BI) Insurance

b)

Property Damage Liability (PD) Insurance

c)

Personal Injury Protection (PIP)

d)

Comprehensive Insurance

2.

What type of insurance covers the repair or replacement of part of your car damaged by vandalism, fire, flood, wind, earthquakes, falling objects, riots, hail, damage from trees, theft, and other disasters?

a)

Bodily Injury Liability (BI) Insurance

b)

Collision Insurance

c)

Personal Injury Protection

d)

Comprehensive Insurance

3.

What type of insurance pays for any physical injuries you or others sustain while in the vehicle, regardless of who was at fault?

a)

Bodily Injury Liability (BI) Insurance

b)

Comprehensive Insurance

c)

Personal Injury Protection (PIP)

d)

Collision Insurance

4.

Which of the following terms describes a policy holder's request for money from an insurance company to pay for damages?

a)

Liable

b)

Claim

c)

Premium

d)

Deductible

5.

What type of insurance covers bodily injury if you are at fault in an accident?

a)

Bodily Injury Liability (BI) Insurance

b)

Property Damage Liability (PD) Insurance

c)

Personal Injury Protection (PIP)

d)

Collision Insurance

6.

What type of insurance is sometimes called "no-fault insurance?"

a)

Bodily Injury Liability (BI) Insurance

b)

Property Damage Liability (PD) Insurance

c)

Personal Injury Protection (PIP)

d)

Comprehensive Insurance

7.

What type of insurance pays for damage you cause to other people's property?

a)

Bodily Injury Liability (BI) Insurance

b)

Property Damage Liability (PD) Insurance

c)

Collision Insurance

d)

Comprehensive Insurance

8.

Which of the following is the definition of "deductible?"

a)

To be at fault for damages caused

b)

The amount paid for all types of insurances contained within an insurance policy

c)

Part of the repair or damages that a driver has to pay before the insurance company pays

d)

To be financial responsible for damages caused in an accident

9.

What type of insurance pays for the repair or replacement of your car if it's damaged in a collision with another vehicle or object, or if it overturns, no matter who is at fault?

a)

Collision Insurance

b)

Property Damage Liability (PD) Insurance

c)

Personal Injury Protection (PIP)

d)

Comprehensive Insurance

10.

Which of the following insurances cover physical objects, not people? (Select all that apply)

a)

Collision Insurance

b)

Property Damage Liability (PD) Insurance

c)

Personal Injury Protection (PIP)

d)

Comprehensive Insurance