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WorksheetsAuto Insurance Quizziz
Total questions: 14
Worksheet time: 13mins
A deductible is your share of the repair costs after a claim has been made. You must pay this FIRST before the insurance kicks in.
True
False
Which is NOT true about Comprehensive Insurance Coverage
Covers damage by hitting an animal
Covers damage from your car battery freezing
Covers damage from vandalism or a fire
Covers damage from a hail storm
The amount you pay to the insurance company for insurance coverage.
Premium
Deductible
Coverage
How can you lower your auto insurance deductible?
Choose an auto insurance policy with a higher premium
Choose an auto insurance policy with a lower premium
Install a car alarm system
The minimum Auto Insurance coverage required for the State of Illinois is .....
25/50/20
10/10/20
20/20/20
75/200/100
Tania has an auto policy of 75/200/100. What does the 75 stand for?
$75,000 in bodily injury liability per person
$75,000 bodily injury liability total per accident
$75,000 in property damage per accident
Nathan has an auto insurance policy of 120/250/100. What does the 100 stand for?
$100,000 in property damages per accident
$100,000 in bodily injury liability per person
$100,000 in bodily injury liability total per accident
People buy insurance because they want to transfer the risk of financial loss to someone else.
True
False
This type of auto insurance coverage covers you, if you are in a crash, EVEN if you are at FAULT.
Collision
Comprehensive
Personal Injury
Liability
Which auto insurance coverage is optional? Select all that apply.
Collision
Comprehensive
Liability (Bodily Injury & Property Damage)
Uninsured/Underinsured Motorist Coverage
This type of auto insurance coverage covers any property damage by an accident, as well as medical bills of the others (NOT YOU) in the event of an accident.
Personal Injury
Collision
Liability
Comprehensive
Deductibles: A driver damages his/her car in an accident and it will cost $10,000 to repair. If the driver has a $1,000 deductible, how much will the drive have to pay?
Coverage Limit: If a driver has a $75,000 coverage limit for bodily injury liability and the driver causes an accident in which someone is injured. The case goes to trial and there is a verdict to compensate the injured person with $80,000. How much must the driver pay?
How can I save money on my auto insurance premium? Select all that apply.
Decreasing my deductible
Purchasing an automobile with safety features
Maintaining a good credit history
Reducing or eliminating optional insurance on an older automobile
