Auto Basics
This is the main reason people buy auto insurance
What is protection from big financial losses if you crash or get sued? (Or: to cover damage/injuries after an accident.)
Covers damage to YOUR car if you hit something (tree, guardrail, another car).
What is collision coverage
Adding a teen to parents' policy usually does this to the cost.
What is doubles or triples it
You back into a parked car—who pays for THEIR damage?
What is your liability coverage
This company says "15 minutes could save you 15% or more."
What is Geico
The state-required type of insurance that pays if YOU cause damage to others.
What is liability insurance?
Covers damage to YOUR car from non-crash things (theft, vandalism, hail, deer).
What is comprehensive coverage
This bad habit (texting while driving) can raise rates big time.
What is distracted driving / getting a ticket
Your car gets stolen—what coverage helps?
What is comprehensive
The green gecko is this company's mascot.
Who is Geico
Teens pay way more for this because stats show they're riskier drivers.
What is auto insurance premium/rates
Pays for medical bills for you and passengers, no matter who's at fault (sometimes optional).
What is medical payments (MedPay) or PIP
Good students with high GPA can sometimes get this discount.
What is a good student discount
You hit a deer on the way to school—what pays to fix your car?
What is comprehensive
Insurance works by pooling risk—this many people pay in so a few get big help out.
What is lots of people / everyone shares the risk
This amount you pay out-of-pocket before insurance helps (like $500 or $1,000)
What is a deductible
Protects you if the other driver has no insurance or not enough.
What is uninsured/underinsured motorist coverage
Driving a fast/sporty/red car often makes insurance this.
What is more expensive/higher
The other driver has no insurance and hits you—who covers your injuries/car?
What is uninsured motorist coverage? (If you have it!)
Not having insurance can get your license or car this.
What is suspended/taken away
If you don't have insurance and cause a wreck, you could lose this forever.
What is your savings/money/house/car?
This covers injuries to others if you're at fault (often split as bodily injury/property damage).
What is liability coverage
One of the biggest factors that jacks up teen rates (besides age).
What is lack of driving experience / being a new driver
You cause a big wreck with injuries over $100k—without enough liability, you pay this.
What is out of pocket / sue you / lose assets
Personal insurance like renters can cover this if someone gets hurt at your place.
What is liability - similar idea to auto liability