WorksheetsCar Insurance
Total questions: 42
Worksheet time: 11hrs 30mins
The higher the deductible the lower the premium
True
False
Peter has collision insurance with a $1,000 deductible. Peter backs his car into a lamppost and causes $4,300 worth of damage to the car. How much will Peter have to pay?
$4,300
$1,000
$3,300
$0
It is your choice whether you buy car insurance or not.
True
False
A deductible is how much your insurance company pays for repairs after an accident.
True
False
If you have caused an accident your insurance rates increase.
True
False
Your insurance rate depends on many things including if you are male or female.
True
False
Another vehicle ran a red light and hit your car, but they didn’t have car insurance.
Uninsured/underinsured Motorist Protection
Property Damage Liability
Comprehensive
Collision
Bodily Injury Liability
On your way home from the beach, you were changing lanes on the parkway and hit another car. The passenger in the other car was injured and needed medical attention.
Uninsured/underinsured Motorist Protection
Property Damage Liability
Comprehensive
Collision
Bodily Injury Liability
Driving records can determine the cost of your auto insurance
True
False
Which is a list of reasons for higher auto insurance cost?
87 years old, inexpensive car, and good driving history
56 years old, expensive car, and good driving history.
20 years old, inexpensive car, and bad driving history.
19 years old, expensive car, and bad driving history.
Legal responsibility
peril
liability
risk
premium
Payment made by the insured to the insurer
premium
deductible
liability
coverage
Why do we need auto insurance?
It’s typically the law
Saving time and inconvenience when accidents happen
Both A and B
None of the above
Liable means
responsible
at fault
law
Michael has $13,000 worth of property damage insurance. He collides with two parked cars and causes $15,000 worth of damage. How much money must Michael pay after the insurance company pays its share? Show your work on a separate sheet of paper.
$2,000
$15,000
$3,000
Young has $10,000 worth of property damage insurance and a $1,000 deductible collision insurance policy. He had a tire blowout while driving and crashed into a $1,300 fire hydrant. The crash caused $1,600 in damages to his car.
a. Which insurance covers the damage to the fire hydrant?
b. How much will the insurance company pay for the fire hydrant?
c. Which insurance covers the damage to the car?
d. How much will the insurance company pay for the damage to the car?
Show your work on a separate sheet of paper.
a. Collision b. $1,300 c. Property damage d. 1600
a. Property damage b. $1,300 c. Collision d. $600
a. Property damage b. $0.00 c. Collision d. $600
a. Collision b. 1,300 c. Property damage d. $600
Peter has collision insurance with a $1,000 deductible. Peter backs his car into a lamppost and causes $4,300 worth of damage to the car. How much will Peter have to pay?
$4,300
$1,000
$3,300
$0
Young has $10,000 worth of property damage insurance and a $1,000 deductible collision insurance policy. He had a tire blowout while driving and crashed into a $1,300 fire hydrant. The crash caused $1,600 in damages to his car.
a. Which insurance covers the damage to the fire hydrant?
b. How much will the insurance company pay for the fire hydrant?
c. Which insurance covers the damage to the car?
d. How much will the insurance company pay for the damage to the car?
Show your work on a separate sheet of paper.
a. Collision b. $1,300 c. Property damage d. 1600
a. Property damage b. $1,300 c. Collision d. $600
a. Property damage b. $0.00 c. Collision d. $600
a. Collision b. 1,300 c. Property damage d. $600
Recall, Peter backed into a lamppost and caused $4,300 worth of damage. He has a collision policy with a $1,000 deductible. How much will the insurance company pay?
$4,300
$1,000
$3,300
$0
You are required by law to have car insurance.
True
False
Who would pay more for insurance, generally speaking?
a 21 year old male
a 26 year old female
a 55 year old male
a 55 year old female
Which of these indicators would probably make your auto insurance cheaper?
A clean driving record for 36 months
Completing a defensive driving course
Purchasing a car in a make that is not frequently stolen
All of the above
Which option will help lower your rate?
High deductible
New sports car
Lowest deductible possible
Sadie's monthly premium is $64.15. How much does she pay for a year?
$64.15
$769.80
$800
Lincoln's monthly premium is $155.70. How much would he pay in a year?
$1868.40
$5436.93
$160
Bob has an auto accident caused by his negligence. He has 100/300 bodily injury insurance. The three people injured in the accident sued. One person was awarded $140,000, and each of the other two were awarded $75,000. How much does the insurance company pay?
$100,000
$300,000
$290,000
$250,000
Gary has $10,000 worth of property damage insurance. He collides with two parked cars and causes $12,000 worth of damage. How much money must Gary pay after the insurance company pays its share?
$10,000
$12,000
$1,000
$2,000
Martin has $10,000 Property Damage coverage and $10,000 Collision coverage with a $500 deductible. He causes an accident. The other car has damages totalling $4,500. His car has $1,750 to his own car. Insurance will pay for this accident?
$6,300
$2,032
$5,800
$5,750
David Padilla has $10,000 worth of property damage insurance. He collides with two cars and causes $12,000 worth of damage. How much money must David pay after the insurance company pays its share?
$2,000
$12,000
$10,000
$0
Keanu Wilkenson has $10,000 worth of property damage insurance and $10,000 collision insurance with a $1,000 deductible. He had a tire blowout while driving and crashed into a parked car causing $3,500 in damages to the other car. The crash also caused $1,800 in damages to his car.
How much will the insurance company pay for the damage to Keanu's car?
$3,500
$800
$1,800
$4,300
Jonalds insurance will cost $2,340.25. He decides to pay quarterly and there is a $3 surcharge. How much will be each quarterly payment?
$585.06
$588.06
$2343.25
$198.02
Which of the following vehicles would most likely to have the highest premium?
economic 4-door sedan
new sports car
used mini-van
used hybrid car
If your deductible decreases, what happens to your premium?
increases
decreases
has no effect
depends on the car insurance company
If you have 50/100 liability limits, what is the max paid out to any one person in an accident?
$25,000
$50,000
$100,000
$200,000
If you have 50/100 liability limits, what is the max paid out to multiple people in an accident?
$25,000
$50,000
$100,000
$200,000
John Cena has comprehensive and collision insurance with a $500 deductible. A tree falls on his car and caused $2,800 in damage. How much will his insurance pay for?
$2,800
$2,300
0
Cannot be determined
