Types of Auto Insurance
Insurance Vocabulary
Auto Insurance Companies
Miscellaneous
100
These three main types of coverage are separate parts to insuring every cost of an auto accident.
What are property, medical, and liability coverage?
100
This term means the amount of money you pay in an accident, while your insurance company pays the rest.
What is a deductible?
100
This company's slogan is "Fifteen minutes could save you 15% or more on car insurance."
What is Geico?
100
This score is a three digit number that auto insurance companies, as well as others, use to determine your risk.
What is credit score?
200
The most expensive type of auto insurance is typically this.
What is liability insurance?
200
This term means "the amount of money an individual or business must pay for their auto insurance policy."
What is a premium?
200
The picture below is the logo for this insurance company.
What is State Farm?
200
Companies will raise rates when this factor, relating to how much a driver's car is being driven, goes up.
What is annual mileage?
300
Insurance for injuries or even funeral expenses are paid for using this type of coverage.
What is medical coverage?
300
This term is defined as the process that determines the value of property, or the extent of damage.
What is an appraisal?
300
This company provides insurance for people working in the military, veterans, and the families of both.
What is USAA?
300
Car insurance rates for drivers with poor credit are on average about this percentage higher than drivers with good credit.
How much is 75 percent?
400
This type of coverage insures against damage done to the car, or the theft of the car.
What is property coverage?
400
This term means "the request for payment under the terms of the insurance policy" and is filed after an accident.
What is a claim?
400
This company was the first to ever provide auto insurance, to a man named Gilbert J. Loomis.
What is Travelers?
400
This state is the cheapest place for full coverage car insurance.
What is Maine?
500
This type of insurance is legally required in all states except Virginia and New Hampshire.
What is liability insurance?
500
This term is defined as a type of insurance that will cover the costs of an accident and will not consider who is at fault.
What is no-fault insurance?
500
This company is the largest provider of auto insurance, with 16% of the market share.
What is State Farm?
500
This amount of money is paid per year on auto insurance by the average good driver with good credit.
How much is $1,592?