Basics
The purpose of insurance
What is - to transfer risk
What type of auto insurance helps if you are in an accident caused by a driver who does not have insurance?
What is - Uninsured/underinsured coverage
Which is more affordable, homeowner's or renter's insurance?
What is - renters
Which metal represents the least expensive health insurance option?
What is - bronze
What is - later
When you have an insurance claim, this is the part you have to pay yourself
What is - a deductible
What type of auto insurance covers your car if it is stolen or vandalized?
What is - Comprehensive
Which type of insurance covers the structure of your house if there is a fire?
What is - dwelling
The silver plan covers what percentage of health care costs?
What is - 70%
Name two types of things renter's insurance will cover
What is - belongings, hotel, small alterations you have made to the apartment
The monthly payment you make for your insurance policy
What is - a premium
What type of auto insurance covers your car when it hits something?
What is - collision
What is - Other Structures
Which plan covers 90% of healthcare costs?
What is - Platinum
Homeowners insurance covers what amount of flood damage?
What is - none
The maximum amount that your insurance will pay
What is - coverage limit
What type of auto insurance covers damages and injuries to other people?
What is - Liability
What type of insurance covers injuries to other people on your property
What is - liability
Which types of health care plans are the least expensive?
What are - HMO and EPOs
How can insurance companies afford to pay for expensive accidents when your premiums are much less?
What is - The insurance company pools together lots of people who are buying insurance
If you want to lower your deductible, what will happen to your premium?
What is - it will increase
If you caused an accident and repairs to the other car are $13,000 but your coverage limit is $10,000, how much will you have to pay?
What is - $13,000
What is $10,000
Which type of healthcare plan is a hybrid of the HMO and PPO types?
What is - POS plan
According to insurance companies, what type of customers are most expensive to insure?
What are - teens