wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Car and Property Insurance

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.
insurance that pays for damage you cause to another person's vehicle
a)
collision
b)
liability
2.
pays for damages you cause even if it's to your own vehicle
a)
collision
b)
liability
3.
pays for losses that are out of your control (weather related, fire, hitting an animal, etc.)
a)
collision
b)
comprehensive
c)
liability
4.
this will pay for bodily injuries/hospital bills
a)
comprehensive insurance
b)
personal injury protection
5.
protects you if you get into an accident and the person who caused it DOESN'T have insurance
a)
liability insurance
b)
uninsured/underinsured motorist protection
6.

Doesn’t matter who was at fault, if you’re in a car accident and need your injuries paid for, I’m there for you. Simple as that. However, anything beyond your injuries and I can’t help you. What type of coverage am I?

a)

Liability

b)

Collision

c)

Comprehensive

d)

Un/Under -Insured Motorist

e)

Personal Injury (Medical Pmts)

7.

Stephen is slowing down as he approaches a red light. He is looking in his mirror to switch lanes and misjudges how close Keisha’s car is, rear-ending her car. When they get out and assess the damage, Keisha’s bumper will need to be replaced. What type(s) of coverage would Stephen need to cover this accident?

a)

Liability

b)

Collision

c)

Comprehensive

d)

Un/Under -Insured Motorist

e)

Personal Injury (Medical Pmts)

8.

Your car is sitting in the driveway and the neighbor girl rides her bike into the side of it and creates a dent in your car. What type(s) of coverage do you need for damages to your vehicle?

a)

Liability

b)

Collision

c)

Comprehensive

d)

Un/Under -Insured Motorist

e)

Personal Injury (Medical Pmts)

9.

If you lease or finance a vehicle, most lenders require you to have full coverage insurance. This includes which types of coverage?

a)

Liability

b)

Collision

c)

Comprehensive

d)

Un/Under -Insured Motorist

e)

Personal Injury (Medical Pmts)

10.

Bernard is driving late at night down a narrow road when a deer runs across the road. Bernard doesn’t have time to avoid the deer and hits it. His windshield gets smashed and his bumper is partially ripped off, but Bernard is okay. What type(s) of insurance could Bernard use to cover this accident?

a)

Liability

b)

Collision

c)

Comprehensive

d)

Un/Under -Insured Motorist

e)

Personal Injury (Medical Pmts)

11.

What role does insurance play in financial planning?

a)

It guarantees that income and assets are protected

b)

It helps build and maintain one's credit score

c)

it grows in value and appreciates over time

d)

it helps cover day-to-day expenses

12.

Which of the following would be covered under a renter's insurance policy?

a)

Medical bills of another person who is injured on the property

b)

Damage to the exterior of the property

c)

Damage to a detached shed on the property

d)

Your roommate's personal belongings in the rental unit

13.

What information is typically listed on an insurance policy? (hint: choose 3 correct answers)

a)

Actual Cash Value of the property being insured

b)

Name of person or property being insured

c)

Deductible amounts

d)

The policy period

14.

True or False: Insurance is based on the concept of shared risk, or risk pooling.

a)

True

b)

False

15.

Protects you against accidents in your home

a)

Renters Insurance

b)

Standard Fire Policy

c)

Extended Coverage

d)

Liability Protection Insurance

16.

Homeowners Policy is a combination policy with different kinds of home protection

a)

True

b)

False

17.

The most common causes of property damage or loss are (select all that apply)

a)

Fire and Smoke

b)

Windstorms/Hail and Personal Liability

c)

Vandalism, Theft, and Riots

d)

Damage from Vehicles and Broken Glass

e)

Explosions and Volcanic Eruptions

18.

Floods, Earthquakes, Landslides, Acts of War, and Nuclear Hazards are covered under Homeowners policies

a)

True

b)

False

19.

Costs of property insurance depend on:

a)

deductible

b)

location

c)

type of building

d)

preventative measures

e)

All of the above

20.

It is recommended that you insure your home for ___% of its market value.

a)

60%

b)

70%

c)

80%

d)

90%

e)

100%