Basics
Who pays more for auto insurance? Male or Female?
Males
Pays for damage to an insured vehicle when it hits or is hit by another car or object
Liability
The price of the insurance policy that the insured pays in exchange for insurance coverage.
Premium
T/F: Roadside assistance will take you to any shop you request
False
If you have good credit, clear driving record, and are a loyal customer, you would be a _________ customer
Mutual
Texas legal liability requirements
30/60/25
If a vehicle was damaged in a hailstorm what would the claim be filed under
Comprehensive
The portion of a claim you pay out of pocket.
Deductible
T/F: If an uninsured driver hits you, your liability coverage will cover your medical bills and damage to your vehicle.
False
What is the minimum amount of coverage State Farm sales?
50/100/50
How long is each auto policy term?
6 months
What coverages do you need to be considered full coverage?
Comprehensive and Collison
A statement of the premium that will be charged for insurance coverages based on specific information provided by the person requesting the quote including drivers, vehicles, and driving record.
Quote
If a driver lost his sight while wearing his seatbelt, how much would be paid out to his family for medical expenses?
20k
What would classify you as Ineligible for State Farm auto insurance?
-Many tickets
-Horrible Credit
-DUI
With 50/100/50 coverage, what is the most the insurance will payout for bodily injury?
100k
What covers you if a driver hits you and their insurance doesn't cover the total cost of damage done to your vehicle?
Uninsured/ Underinsured Motor Vehicle
Any legally enforceable obligation or responsibility for the injury or damage suffered by another person.
Liability
If you don't have uninsured motorist, what coverage kicks in if you drive into a mailbox?
Collison
If you are classified as ineligible through State Farm, what company will we insure you under?
Gainsco
If PIP is set at 5k how much each person in the vehicle would receive
5,000
Pays you for lost wages
Personal Injury Protection
A report from the agency that issues your driver's license, listing accidents and violations that appear on your driving record.
Motor Vehicle Report (MVR)
Rays comprehensive and collision deductible is set at $500, if somebody hits him and doesn't have insurance how much is his deductible if it's filed under uninsured motorist?
$250
What kind of company is State Farm? Stock or Mutual?
Mutual