Insuranace that protects you from claims of injury or property damage to others in case you’re held responsible for an accident.
What is Liability ?
100
Other things insurance will cover are:
Rental cars
Towing expenses
Additional drivers
Motorcycles
Snowmobiles
What is Miscellaneous Coverage
100
law says you must pay for any damage or injury you cause in an accident either with insurance, with savings, or by selling property.
What is Financial Responsibility Law
100
The amount an insurance company charges a policyholder for an insurance policy is called the
What is premium ?
200
insurance covers injuries to someone else
What is Bodily Injury Liability
200
how much a car is worth used
What is actual Cash value?
200
A law legally requires drivers to have a minimum amount of car insurance.
What is Compulsory Insurance Law ?
200
is an amount in damages a policyholder must pay before the insurance company pays anything.
What is Deductible
300
Property damage liability insurance covers damage to another person’s vehicle or other property.
It also covers damage to property, such as telephone poles or street signs.
What is Property Damage Liability
300
These drivers involved in an accident collect damages from their own insurance companies no matter who caused it.
What is Uninsured Drivers ?
300
If you can’t show proof of insurance, you can have your license or registration taken away from you.
What is Compulsory Insurance Law
300
This will vary according to the make, model, and year of the vehicle you drive.
What is the amount of your premium
400
Which is the value of the car when it’s new minus depreciation.
What is actual cash value ?
400
Law requires drivers involved in accidents to collect damages from their own insurance companies no matter who is at fault
What is No-Fault Insurance
?
400
decline in value of a car due to use
What is depreciation ?
500
insurance covers damage to a policyholder’s vehicle caused by things other than a car accident.