Insurance
What is to protect your life and health?
Reason for purchasing insurance
What are auto insurance companies?
Geico, Allstate, Progressive
Who receives your life insurance?
Your Beneficiary.
What are apartment owners?
People who need this insurance
What is a premium?
Paid monthly for insurance
What is a car insurance policy?
Legally required to drive your vehicle
Person who receives money from your will when you pass away
What is a beneficiary?
What is covered by renters insurance?
Theft, fire, vandalism
What is a deductible?
Money that is paid before repairing your car.
What are the types of auto insurance?
Liability, collision, and comprehensive
What is age?
Can increase life insurance premiums
What are the major parts of a renters insurance policy?
Personal property, liability, and additional living expenses
What are factors that impact insurance costs?
Age, driving history, credit score, etc.
What are the documents needed to obtain auto insurance?
License, and vehicle information, Declaration page
What is total value?
Total amount of coverage you need
What is not covered by a standard renters policy?
Flood damage
What is risk?
Uncertainty arising from the possible occurrence of given events.
What is comprehensive coverage?
Covers natural disasters, theft, hitting/being hit by an animal
What is 30 years?
Maximum length of term life insurance policy
What is saving on renters insurance premiums?
Increasing your deductible