Car Insurance
What the purpose of liability insurance
It pays for the other person's injuries or damage when you are a fault.
What does renters insurance protect?
Your personal belongings. TVs, Jewelry, clothing etc
What does help insurance pay for?
Doctor visits, prescription, emergencies.
What is the purpose of life insurance?
To provide money to your family when you die.
What is a premium?
A monthly payment to keep insurance active.
Name one thing that can make you car insurance cost go up?
Accidents, tickets, bad credit, age or driving history.
Name one event homeowners insurance covers...
Fire, theft, storms, vandalism
What is copay?
A fixed amount you pay at an appointment.
Who receives the payout?
The beneficiary
A contract that explains coverage is called what?
Policy
If you only have liability and YOU hit someone, whose car get fixed.
The other person's car
What majors risk is NOT covered without a separate policy?
Floods
What happens if you get sick with no insurance?
HUGE medical bill
Name one thing life insurance can help cover.
Funeral costs, rent, bills, and debt
What is a claim?
A request for payment after a loss
What is comprehensive insurance?
Covers, theft, fire, vandalism. or natural disasters.
If you lose everything in a fire with no renters insurance?
YOU DO!
Name a preventive service health insurance covers.
Physicals, vaccines, and checkups.
What happens if a parent dies with no life insurance?
Family may struggle to pay for burial and past debts.
Why is insurance important?
Protects from financial loss
What can happen if you drive without insurance in Florida?
Fines, license suspension, vehicle impound, and full out-of-pocket costs.
What is your monthly payment for insurance called?
Your premium
What is a deductible?
The amount you pay before insurance helps.
What is risk??
When does Mr. Terry Turn 40 years old?
December 17th, 2025