When you are found legally responsible for a car accident, this is the part of your insurance policy that pays for the costs associated with injuries to the other person or people involved.
What is Bodily Injury Liability?
100
Auto coverage that reimburses the insured for damage sustained to their personal automobile, due to the fault of the insured driver.
What is Collision?
100
The maximum amount your liability policy will pay. This basic coverage is called "25/50/25" coverage.
What is Liability Limits?
100
Coverage that provides roadside assistance and breakdown coverage that assist motorists, or bicyclists, whose vehicles have suffered a mechanical failure that leaves the operator stranded.
What is Roadside Assistance Coverage?
100
June 2, 2018
What is your Graduation Date?
200
Uncertainty regarding financial loss.
What is Risk?
200
Any type of insurance contract under which insureds are indemnified for losses by their own insurance company, regardless of fault in the incident generating losses.
What is No Fault Insurance?
200
The page in your policy that shows the name and address of the insurer, the period of time a policy is in force, a description of the vehicle, the amount of the premium, and the amount of the coverage.
What is Declarations Page?
200
Liability insurance that covers the cost of damages to someone else's property after an accident you caused.
What is Property Damage?
200
The place where your senior prom will be held.
What is The Roostertail?
300
The amount of money that an individual or business must pay for an insurance policy.
What is Insurance Premium?
300
A coverage that reimburses the insured for damage sustained to their personal automobile, due to the fault of the insured driver
What is Comprehensive?
300
The period a policy is in force, from the beginning or effective date to the expiration date.
What is Policy Term?
300
A person charged with investigating a claim to establish whether the insurance company is liable and to what extent.
What is Insurance Adjuster?
300
The name of your all time favorite Personal Business Finance teacher.
What is Mr. Mooney?
400
The amount of money you have to pay toward repairs before your insurance covers the rest.
What is Insurance Deductible?
400
Protects you if you are in an accident with an at-fault driver who doesn't carry liability insurance.
What is Uninsured Motorist?
400
A purchase of the policy to transfer risk from one party to another (i.e., purchaser transfers risk to insurance company)
What is Insurance Policy?
400
Termination of an insurance policy by the company or insured before the renewal date.
What is Cancellation?
400
The name of the most awesome teacher you have ever had in your life, other than Ms. Stiver.
What Mrs. K??
500
A formal request to an insurance company for coverage or compensation for a covered loss or policy event.
What is Insurance Claim?
500
Steps in when you're in an accident with an at-fault driver whose liability limits are too low to cover the damage or medical expenses.
What is Underinsured Motorist?
500
Person that is a representative of an insurance company who negotiates and sells insurance contracts.
What is Insurance Agent?
500
A life insurance benefit paid to beneficiaries of passengers who were wearing seat belts.