renters insurance
What does renters insurance protect?
Your belongings and personal liability
What type of auto insurance pays for damage you cause to someone else’s car?
Liability insurance
What is a co-pay?
A small set amount you pay each time you visit a doctor.
What is premium?
The amount you pay every month ( or year ) to have insuranc.
Which insurance covers your house from storm damage?
Homeowner insurance.
What is personal property coverage?
Protection for your belongings if they’re damaged or stolen.
What type pays for damage to your own car from Hitting something ?
Collision insurance
What is a network?
A group of doctors/hospitals that your insurance company works with and usually costs you less.
What is deductible?
Amount you must pay out of your own pocket fart before insurance starts helping
Which insurance is required in most states if you own a car?
Auto liability insurance.
What is renters liability coverage?
Protection if you accidentally damage someone else’s property or someone gets hurt in your place.
What does uninsured / underinsured motorist coverage protect you from?
If someone hits you and they don’t have insurance or don’t have enough insurance to cover your costs.
What does health deductible mean ?
The amount you pay first before insurance starts sharing cost of your medical bills
What does liability mean in insurance
Liability covers damage or injuries you cause to other people.
LWhich insurance protects belongings in a college dorm?
Renters insurance
(Scenario)
Your laptop is stolen in a break in what coverage helps?
Personal property
(Scenario)
you hit a deer and your car is damaged. What type of insurance covers this ?
Comprehensive insurance
( scenario )
You see a doctor who’s NOT in your network. What happens to your out-of-pocket cost?
You usually pay more
+p( scenario )
you cause damage to someone’s property. What insurance term refers to the amount your policy will pay?
Liability coverage
(Scenario)
you drop your phone and it breaks. What type might cover this?
Some renters or homeowners policies under personal property.
(Scenario)
A fire forces you to move out temporarily. What coverage helps Pay for housing?
Loss of use coverage / additional living expenses
(Scenario)
you slide on ice hit a fence and injure another driver. What two types of insurance help pay for property damage and the other persons medical bills?
Property damage liability (for the fence)
bodily injury liability ( for the other drivers medical bills)
( scenario)
after you pay your deductible, your insurance doesn’t cover the whole bill. So you still have to pay part of it. What is the name of the part you pay
Co-insurance
( scenario )
you get into an accident and must pay 1,000 before insurance covers the rest. What vocab word describes this?
That 1,000 is your deductible
(Scenario)
a guess gets hurt in your apartment and has medical bills. What insurance protects you ?
Liability coverage ( under renters insurance )