Auto Insurance 1
This is the amount you have to pay just to have insurance.
What is Premium?
You only have to pay this if you get into an accident and have to file a claim.
What is Deductible?
This type of insurance is in place to protect your loved ones financially if you suddenly pass away.
What is Life Insurance?
This type of insurance helps protect you and your family if you become sick or injured.
What is Medical Insurance?
This is the written contract detailing your coverage and costs.
What is Insurance Policy?
This type of coverage helps cover costs if you are involved in an accident with a driver who does not have auto insurance.
What is Uninsured Motorist Insurance?
This type of coverage helps cover costs if the driver of the other vehicle does not have enough auto insurance.
What is Underinsured Motorist Insurance?
If your company does not offer health insurance, it would be wise to sign-up for this.
What is Independent Health Insurance Plan?
This type of insurance helps protect your material possessions in case they are damaged by a fire, flood, or theft.
What is Property Insurance?
This type of management can help you avoid a big financial setback.
What is Risk Management?
This type of coverage covers the costs for your vehicle, but not the other driver's vehicle.
What is Collision Coverage?
This type of coverage covers the costs to the other person's vehicle.
What is Liability Coverage?
This is the age you are legally allowed to stay on your parent(s) health insurance plan.
What is 26?
What is Dental and Vision Coverage?
An insurance premium may be paid monthly, annually, or __________.
What is Semi-Annually?
This type of coverage helps cover costs if your vehicle is damaged by a non-moving incident? (Ex: Fire, vandalism, hail...etc.)
What is Comprehensive Coverage?
This type of coverage helps cover the costs for bodily injuries to you and your passengers, no matter who is at fault.
What is Personal-Injury-Protection?
This type of life insurance usually costs less, and expires after a certain number of years.
What is Term Life Insurance?
This type of life insurance does not expire, but usually cost more than the other form of life insurance.
What is Whole Life Insurance?
This occurs when people deceive an insurance company to collect money to which they are not entitled to.
What is Fraud Insurance?
This type of coverage is meant for protection for personal injury, with no regards of negligence.
What is No Fault?
Three factors that may affect someone's insurance costs might include: (there are more than 3, but just list 3)
What is Age, type of car, location, driving record, claim record, law enforcement history, and credit history.
What is 40-60%?
This type of insurance helps cover costs if you unintentionally damage someone's property or injure someone.
What is Liability Insurance?
You would select this option if you want to pay a lower premium amount.
What is Higher Deductible?